HKMA and Malaysia's BNM deepen fintech and digital asset cooperation
- —HKMA and BNM agreed to expand cooperation on fintech and digital assets
- —Priorities include cross-border regulation, Islamic finance and capital markets
- —The partnership aims to boost local currency use in cross-border transactions
- —The deal followed a high-level meeting in Hong Kong on October 6
Why it matters: A coordinated Hong Kong-Malaysia framework could accelerate digital asset adoption and shape regional regulatory standards.
Source: Coinfomania