TechFlow, November 2 — According to Cointelegraph, Malaysia's central bank, Bank Negara Malaysia (BNM), recently unveiled a three-year roadmap for asset tokenization, planning to conduct proof-of-concept (PoC) and on-site pilot projects through its "Digital Asset Innovation Hub" (DAIH).
The roadmap establishes an "Industry Working Group on Asset Tokenization" (IWG), jointly led by BNM and the Securities Commission Malaysia (SC), focusing on use cases that deliver clear economic value—such as SME supply chain financing, Shariah-compliant financial products, green finance, 24/7 cross-border automated settlements, MYR-denominated tokenized deposits and stablecoins, and CBDC integration.
Additionally, BNM emphasized that this tokenization initiative focuses on "real-world assets" rather than traditional cryptocurrencies.
Industry feedback is now open, with the public invited to submit comments on the discussion paper until March 1, 2026.
