Malaysia's Tokenization Push

Malaysia’s central bank has launched a three-year push to test tokenizing real-world assets, aiming to move experiments from concepts into live trials. The plan sets out pilots and proof-of-concepts that regulators and industry will run together over the next few years. The initiative highlights a growing trend among nations to explore the practical applications of digital assets beyond traditional cryptocurrencies, focusing on the potential for efficiency and innovation in financial markets through asset tokenization.