Government to Engage Regulators and Agencies in Driving Digital Asset Innovation
Malaysian Prime Minister Anwar Ibrahim announced a productive meeting with Changpeng Zhao (CZ), founder and former CEO of Binance, to discuss Malaysia’s growing ambitions in the digital assets and blockchain sector.
In an official statement posted on X, Anwar emphasized Malaysia’s potential to become a regional hub for blockchain innovation, noting that constructive dialogue is underway with key stakeholders and regulatory bodies to promote responsible digital transformation.
“Malaysia has the opportunity to lead in the digital economy by embracing blockchain technology and the tokenization of financial instruments,” said Anwar.
The Prime Minister expressed his intention to continue engagement with government bodies including:
Securities Commission Malaysia (SC)
Bank Negara Malaysia (BNM)
Ministry of Digital
These discussions aim to explore policy frameworks that facilitate innovation while ensuring regulatory compliance, laying the foundation for Malaysia’s leadership in the Web3, fintech, and tokenized finance sectors.
Government-Led Push for Digital Transformation
Anwar also underscored the importance of government leadership in accelerating blockchain adoption across sectors, pointing to areas such as digitization of public infrastructure, financial tokenization, and cross-border innovation initiatives.
“With the right steps, Malaysia can position itself at the forefront of this global digital transformation,” he stated.
The meeting with CZ comes as part of Malaysia’s broader effort to attract top-tier blockchain innovators and create a regulatory environment that balances technological advancement with financial security and investor protection.
