“While a decision has not been made to issue CBDC, we have focused our research on CBDC via proof-of-concept and experimentation to enhance our technical and policy capabilities, should the need to issue CBDC arise in the future,” Bank Nagara said.
KUALA LUMPUR: Malaysia is assessing the potential benefits of adopting a digital currency, the nation’s central bank said.
Bank Negara “is actively assessing the value proposition of central bank digital currency (CBDC) to Malaysia,” it said in an emailed response to a query from Bloomberg.
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