On April 24, 2025, Malaysian Prime Minister Anwar Ibrahim held a meeting with Binance founder Changpeng Zhao (CZ) in Kuala Lumpur. The purpose of the meeting was to discuss Malaysia's potential in the field of digital assets and blockchain technologies. Anwar Ibrahim reported this on his account on platform X, emphasizing the country's ambitions to become a regional hub for blockchain innovations.
During the meeting, the parties discussed the possibilities of tokenizing financial instruments, digitizing economic processes, and implementing blockchain to enhance the efficiency of government structures. Anwar Ibrahim emphasized the importance of cooperation with regulators, particularly with the Securities Commission, the Central Bank of Malaysia, and the Ministry of Digital Technologies, to create a favorable legal environment. He also noted that the government is ready to support responsible innovations.
Changpeng Zhao, who recently became an advisor in Pakistan and Kyrgyzstan, shared his experience in crypto regulation and blockchain education. He emphasized that Malaysia has significant potential for developing the Web3 industry. This meeting was part of a broader initiative by Zhao to cooperate with governments for the global implementation of blockchain.
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