The Business Times
business-time-50

Malaysia central bank says to test ringgit stablecoins, tokenised deposits in 2026

Summarise
google-preferred-sourceAdd BT as a preferred source
Published Wed, Feb 11, 2026 · 12:59 PM
    • Bank Negara Malaysia intends to provide greater clarity on the use of ringgit stablecoins and tokenised deposits by the end of this year.
    • Bank Negara Malaysia intends to provide greater clarity on the use of ringgit stablecoins and tokenised deposits by the end of this year. PHOTO: CMG

    [KUALA LUMPUR] Malaysia’s central bank on Wednesday announced three initiatives to test real-world applications involving ringgit stablecoins and tokenised deposits in 2026.

    Bank Negara Malaysia intends to provide greater clarity on the use of ringgit stablecoins and tokenised deposits by the end of this year, it said in a statement. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    StablecoinsBank Negara MalaysiaMalaysia

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed.

    Canada’s fight with the US has far bigger stakes than trade

    Bali’s property market has been on a tear since the pandemic, with the tourism rebound and strong foreign demand driving prices higher.

    Can Bali swop beach capital for global capital without the skyscrapers?

    Stripe’s Tyler Bryson says he sees an opportunity for the firm to provide different billing systems for AI firms, as demand continuously increases.

    Stripe’s Apac business should grow faster than any other region, says its chief revenue officer

    “I consider myself lucky. I don’t consider myself successful,” says Ng Yih Pyng, the second-generation leader of Tomei Consolidated.

    What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More