BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Malaysia and Singapore Forge Blockchain Trade Partnership via MYEG-Sgtradex MoU
Malaysia and Singapore Forge Blockchain Trade Partnership via MYEG-Sgtradex MoU
13
2
MYEG Services Berhad, Malaysia’s leading e-government solutions provider, has inked a strategic partnership with Singapore’s Sgtradex to establish blockchain-based trade corridors between the two nations. The agreement, finalized during the ASEAN-GCC-China CEO Roundtable, leverages distributed ledger technology to streamline cross-border commerce and data exchange.
The collaboration marks a significant step in ASEAN’s digital integration, with both parties committing to interoperable systems that reduce friction in regional trade flows. Blockchain’s Immutable ledger capabilities are expected to enhance transparency while cutting processing times and administrative costs for businesses operating between Malaysia and Singapore.
By:
Previous
Nasdaq Files 21Shares Sui Token ETF, A New Chance for Investors
Next
Russian State Duma Advances Digital Ruble Payments Bill
