Malaysia Central Bank Paper Sparks Debate by Naming XRP and BTC as Monetary Alternatives

Malaysia’s Central Bank Explores Bitcoin & XRP as Currency Alternatives

Bank Negara Malaysia is considering Bitcoin and XRP as alternatives to traditional currency. Strong regulations and improved infrastructure are key to cryptocurrency integration. Asset tokenization is being explored to foster innovation in Malaysia’s financial sector. Bank Negara Malaysia (BNM), the country’s central bank, recently published a working paper. It explores the potential for Bitcoin (BTC) and XRP to replace traditional currency in c…

XRP’s Big Break? Malaysia Considers It for National Payments

The post XRP’s Big Break? Malaysia Considers It for National Payments appeared first on Coinpedia Fintech News Malaysia’s central bank, officially known as Bank Negara Malaysia (BNM), published a working paper that explores the possibility of Bitcoin and XRP serving as future monetary alternatives.&...

Malaysia Central Bank Paper Sparks Debate by Naming XRP and BTC as Monetary Alternatives

A recent working paper from the Central Bank of Malaysia has identified XRP and bitcoin as potential alternatives to traditional monetary and payment …

Malaysia Central Bank Paper Sparks Debate by Naming XRP and BTC as Monetary Alternatives – Crypto News Bitcoin News

A recent working paper from the Central Bank of Malaysia has identified XRP and bitcoin as potential alternatives to traditional monetary and payment systems. Digital Assets Could Replace Bank Deposits A recent working paper from the Central Bank of Malaysia (CBM) has identified XRP alongside bitcoin ( BTC) as potential “alternatives to the current monetary […]

Central Bank of Malaysia Touts XRP Use Cases As Bank Deposits Replacement

Crypto commentator, SMQKE, has shared a provocative insight from a recent Bank Negara Malaysia (BNM) working paper: “Private tokens such as XRP may be widely used as means of payment outside the banking system in the future, replacing CIC or bank deposits.”  The post went viral on X, underlining growing interest in how digital tokens might evolve as alternatives to conventional deposit systems. SMQKE’s timely highlight focused attention on Malay…