MALAYSIA UNLEASHES STABLECOIN REVOLUTION!
Central Bank of Malaysia is piloting groundbreaking regulatory sandbox projects for stablecoins and tokenized bank deposits. This initiative targets cross-border settlements with ringgit-backed stablecoins and explores tokenized real-world assets. They are also testing tokenized bank deposits. These outcomes will shape future wholesale CBDC development. Massive implications unfolding now.
Disclaimer: Not financial advice.