Malaysia Eyes Digital Finance Revolution: PM Anwar Teams Up with Binance and UAE đ¤Š
Prime Minister Datuk Seri Anwar Ibrahim announced Malaysiaâs intention to formulate a policy on digital finance, potentially recognizing cryptocurrency and blockchain technology. Discussions with Abu Dhabi leaders and Binance co-founder Changpeng Zhao emphasized collaboration and the need to modernize Malaysiaâs financial system.
Anwar highlighted the UAEâs leadership in the field and stressed the importance of moving quickly to avoid being left behind. A comprehensive study involving Malaysiaâs Treasury, Securities Commission, and Bank Negara will support the initiative, aiming to #regulate and safeguard public interest while fostering innovation.
This is bullish!
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