Malaysia is considering establishing a cryptocurrency policy as Prime Minister Anwar Ibrahim emphasizes the need for regulations that align with global financial trends. His dialogues with Abu Dhabi leaders and Binance’s founder highlight the urgency to transform the nation’s financial approach.

The proposed policy marks a MAJOR shift from outdated financial systems. Anwar stated that detailed discussions must occur for developing a framework that encourages participation in digital finance while addressing industry concerns raised by the securities regulator.