As reported by CryptoDnes, Bank Negara Malaysia (BNM) has introduced a three-year national roadmap to explore tokenization as a means to modernize the country’s financial system. The initiative, managed through BNM’s Digital Asset Innovation Hub, will focus on practical and compliant use cases such as small-business financing, Islamic financial products, green investment, and cross-border payments. A joint Asset Tokenization Industry Working Group, co-led by BNM and the Securities Commission, will help identify regulatory challenges and define best practices. The plan emphasizes real-world applications like tokenized deposits and programmable payments, rather than speculative crypto assets.
Malaysia Launches Three-Year Tokenization Roadmap to Modernize Financial System
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