Bank Negara has no immediate plan to issue central bank digital currency


KUALA LUMPUR: Bank Negara Malaysia (BNM) has no immediate plan to issue Central Bank Digital Currency (CBDC), Deputy Finance Minister II Yamani Hafez Musa said.

He said in Malaysia, the domestic payment systems, including the Real-time Retail Payments Platform (RPP) continued to operate securely and efficiently to support economic needs and at the same time enable real-time digital payments.

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