Singapore’s MAS Unveils BLOOM For Multi-Currency Digital Settlements
The Monetary Authority of Singapore (MAS) launched BLOOM, short for Borderless, Liquid, Open, Online, Multi-currency, a new industry initiative to extend settlement options for financial institutions using tokenised bank liabilities and well-regulated stablecoins while applying standardised risk controls. MAS said BLOOM will work with banks… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged bloom, payments, Singapor, stablecoins, tokenisation
