PANews reported on November 1 that, according to Ledger Insights, Bank Negara Malaysia has launched a three-year exploration program for the tokenization of real-world assets and established a Digital Asset Innovation Center and an industry working group to solicit feedback on potential use cases ranging from supply chain finance to Islamic finance products.
The central bank's latest report outlines a phased implementation plan: proof-of-concept and pilot testing in 2026, followed by expansion in 2027. The bank invites industry feedback on application cases by March 1, 2026, but also clearly defines which cases qualify for the experiment.
