The Central Bank of Malaysia plans to provide clearer guidance on the use of stablecoins and tokenized deposits by the end of 2026.

Foresight News reports that the Central Bank of Malaysia stated that the testing will enable the central bank to assess the impact of stablecoins and tokenized deposits on monetary and financial stability, and provide a basis for policy directions in these specific areas. They plan to offer clearer guidance on the use of ringgit stablecoins and tokenized deposits by the end of 2026.

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