The Central Bank of Malaysia has indicated a potential shift in its stance on cryptocurrencies. A recent report suggests that digital assets like Bitcoin (BTC) and XRP could find wider application as payment methods within the country. This development signals a move beyond traditional banking systems. The report mentions the possibility of cryptocurrencies substituting conventional currency or bank deposits for certain transactions. This could foster innovation in payment solutions and potentially improve accessibility for the unbanked population. However, the central bank also acknowledges the need for careful consideration of risks related to cryptocurrency adoption, including volatility and security concerns. Further regulatory frameworks may be needed to facilitate the responsible integration of cryptocurrencies into the Malaysian financial landscape. The future use of BTC and XRP in Malaysia hinges on these developments. ```

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