Malaysia’s central bank has declared war on paperwork – with a three-year plan to tokenize real-world assets. Because why let a mortgage stay real when it can be a NFT?
Bank Negara Malaysia (BNM), the nation’s central bank, has launched a Real-World Asset (RWA) tokenization initiative so grand it makes a wizard’s spellbook look modest. Alongside this, they’ve conjured a Digital Asset Innovation Hub (DAIH) – a place where reality meets code, and maybe a few caffeine-fueled all-nighters. An industry working group has also been formed, presumably to figure out if “tokenizing a tree” is just a fancy way of saying “plant a tree.”
Three Rules for Blockchain Alchemy (and Why They’re Not Actually Magic)
BNM’s report outlines a phased approach: 2026 for proof-of-concept pilots (i.e., “Let’s see if this works without burning the internet down”), and 2027 for expanded trials (i.e., “Okay, now let’s scale it up and hope no one notices”). Industry stakeholders have until March 1, 2026, to pitch ideas – because nothing says “innovation” like a bureaucratic deadline.
The bank’s three principles for DLT experimentation are as strict as a librarian’s silence rule:
1. Tokenization must deliver “measurable and tangible benefits to the real world.” Translation: Don’t just assume it’s useful; prove it.
2. DLT must be the best tool for the job. Spoiler: It rarely is. APIs, the duct tape of the digital world, might still win.
3. Projects must be “technically feasible.” Because nothing says “feasibility” like building a bridge out of spaghetti and hoping it holds.
Related Reading: Crypto News: Fasset Wins Malaysia License to Launch Stablecoin-Powered Islamic Digital Bank | Live Bitcoin News
BNM also insists businesses stop treating DLT as a solution in search of a problem. “Traditional solutions may work better,” they say, as if suggesting a quill and parchment over a spreadsheet. The bank’s focus is on “practical economic purposes” – a phrase that probably rhymes with “don’t get sued.”
BNM vs. the Capital Market: Two Sides of the Same Blockchain
While BNM is busy tokenizing supply chains and Islamic finance assets, the Securities Commission Malaysia (SC) is off tokenizing sukuk and bonds – because why let a financial instrument stay financial when it can be a blockchain collectible? BNM’s approach is “responsible innovation,” which is just a polite way of saying “we’ll blame you if it goes wrong.”
The initiative aims to make Malaysia a regional leader in regulated asset tokenization – a title as meaningful as “world’s tallest cheese grater.” By 2027, the country hopes to prove that turning mortgages into tokens is more useful than turning them into poetry. Or maybe not. Only time will tell.
As the central bank wisely notes, “Technology should serve the economy.” A noble goal, assuming the economy doesn’t collapse under the weight of its own digital metaphors. But hey, at least they’re not using Bitcoin to pay the bills yet. Progress, one step at a time. 🚀
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Bitcoin’s Bull Run: Will Stagflation Spoil the Party? 🚀💸 What to know: The U.S. economy is playing a game of hot potato with stagflation, mixing stagnant growth and rising prices like a bad reality TV show. Crypto gurus are still bullish on Bitcoin, eyeing Fed rate cuts and a “structural bull run” that makes Wall Street look like a toddler’s scribble. They’ve already picked their favorite altcoins to ride the next crypto rollercoaster. Spoiler: Solana is the golden child. Thursday’s economic data dropped a bombshell: the U.S. might be flirting with stagflation. You know, that 1970s nightmare of stagnant growth, job market limbo, and inflation that makes your coffee cost $50? Yeah, it’s back. But crypto enthusiasts? They’re sipping margaritas on a digital beach, ignoring the storm. 🏖️ Why the optimism? Because the Federal Reserve is expected to play magician, pulling rate cuts out of a hat to keep the market’s heart beating. 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They’ve been cutting rates since the invention of the wheel. 🚀 Le Shi of Auros made a point so obvious it’s almost profound: the “Magnificent 7” stocks are stagflation-proof because they’re spending billions on AI. If you can’t beat the economy, outsource your problems to robots. 🤖 Sam Gaer of Monarq Asset Management summed it up: “Stagflation is a ghost story. The Fed’s magic wand (aka rate cuts) will calm the markets, and crypto will keep climbing like it’s on a sugar high.” Markus Thielen of 10x Research added, “Inflation’s about to take a nosedive. Risk assets? They’re dancing on a tightrope while the Fed waves a green flag. Buckle up for the ride.” Standout tokens Bitcoin’s not the only star in the crypto galaxy. Solana (SOL) is the new kid on the block, with demand so hot it could melt a Bitcoin miner’s GPU. SOLBTC is flirting with the 0.002 level, and investors are throwing money at it like it’s Black Friday in Web3. 🛒 Then there’s Ethena’s ENA token and its synthetic dollar, USDe, which is basically the crypto version of a money tree. And Hyperliquid’s HYPE token? It’s the go-to for young investors who think “high-risk, high-reward” is just a lifestyle. 🎢 Shane Molidor quipped, “Hyperliquid’s for people who want to trade like they’re in a casino, not a library. And Ethena? It’s the crypto equivalent of a free lunch when the Fed cuts rates. Who needs sleep when you’ve got yield?” So, will stagflation crash the party? Probably not. The Fed’s rate cuts are the ultimate party favor, and crypto’s the DJ spinning the tracks. Just don’t forget to bring sunscreen for the bull run. ☀️
2025-11-01 17:59