Regulation· ★★★· bullish·

Hong Kong and Malaysia to form cross-border stablecoin working group

  • —HKMA and BNM will form a working group on cross-border stablecoins
  • —The sides will study linking RTGS systems and CMU and RENTAS infrastructures
  • —Experience sharing will cover tokenization and digital currencies
  • —Malaysia's central bank will pilot ringgit stablecoins and tokenized deposits in 2026
Why it matters: Cooperation between the two Asian regulators accelerates institutional adoption of stablecoins in cross-border payments.
Source: TokenPost
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