Malaysia's Central Bank Announces Stablecoin and Tokenization Sandbox

Malaysia’s central bank launches digital sandbox for stablecoins and tokenized assets

Bank Negara Malaysia (BNM), the nation’s central bank, has launched an expanded digital asset regulatory sandbox under its Digital Asset Innovation Hub (DAIH) to pilot stablecoins and tokenized financial products. The program would enable the bank to explore how the digital equivalent of the Malaysian ringgit and other tokenized financial products could operate in the real world. Bank Negara Malaysia said the sandbox would focus on ringgit-backe…

Malaysia Tests Ringgit Stablecoin in New Digital Trials

Bank Negara Malaysia starts three trials that test digital money tools and assess their role in Malaysia’s financial system.

Bank Negara Malaysia launches sandbox for stablecoins and tokenization of real-world assets - The Cryptocurrency Post

Bank Negara Malaysia (BNM) has launched three pilot programs within its Digital Asset Innovation Hub (DAIH), aimed at researching the tokenization of real-world assets. According to the official announcement, these initiatives focus on developing ringgit-linked stablecoins and tokenized bank deposits, seeking to optimize the efficiency of institutional payments across the domestic financial landscape. This experimental phase features the partici…

Malaysia's central bank announces stablecoin and tokenization sandbox

The pilot programs explore wholesale settlement between institutions and real-world use cases, along with stablecoin development and tokenized bank …

Malaysia's Central Bank Unveils Stablecoin & Tokenization Sandbox

Bank Negara Malaysia’s Digital Asset Innovation Hub (DAIH) is testing the frontier of asset tokenization with three regulatory sandbox programs designed to study stablecoins and tokenized bank deposits. The central bank’s initiative focuses on ringgit-denominated stablecoins for cross-border settlement and the tokenization of real-world assets, a move that could reshape how institutions settle and finance in a digital era. The pilots also examin…