Crypto
Malaysia\'s central bank announces sandbox for stablecoins, asset tokenisation
Bank Negara Malaysia will run a regulatory sandbox to study stablecoins and the tokenisation of bank deposits, Cointelegraph reported on Tuesday. Its Digital Asset Innovation Hub aims to enable cross-border payments using Malaysia’s fiat currency-backed stablecoins and to tokenise real-world assets. Standard Chartered, CIMB Group, Maybank and investment firm Capital A are participating. Findings will also be used for central bank digital currency development.
