Malaysia’s PM Anwar Signals Push for Crypto Regulation, Explores Collaboration with UAE

Anwar Ibrahim Explores Regulatory Framework for Digital Assets as Nation Eyes Tech Innovation

  • Malaysia‘s Prime Minister announces plans to develop cryptocurrency and blockchain regulations.
  • Government agencies, including the treasury and central bank, are studying regulatory frameworks.
  • Discussions with UAE government and Binance inform Malaysia’s policy development.
  • Malaysia previously conducted CBDC studies with the Bank for International Settlements.
  • Country has history of enforcement against unauthorized crypto operations, including actions against Binance and Huobi Global.

Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim announced plans to introduce cryptocurrency and blockchain regulations during his visit to Abu Dhabi, marking a shift in the country’s approach to digital assets. The initiative aims to align Malaysia with global regulatory standards while protecting investor interests.

- Advertisement -

Regulatory Framework Development

The Malaysian government has directed its security agencies, treasury, and Bank Negara to examine potential regulatory frameworks. According to the New Straits Times, the Prime Minister emphasized the need for regulated cryptocurrency operations to protect public interests and prevent financial losses.

Ibrahim revealed discussions with UAE authorities and cryptocurrency exchange Binance regarding policy proposals. The UAE leadership expressed interest in establishing collaborative relationships with Malaysia on digital asset regulation.

Historical Context

Malaysia’s digital asset journey includes significant milestones. In 2023, the country participated in a cross-border Central Bank Digital Currency (CBDC) study with the Bank for International Settlements. The research confirmed the viability of international CBDC payments, demonstrating Malaysia’s technical capabilities in digital finance.

Regulatory Actions

Malaysian authorities have maintained strict oversight of cryptocurrency operations. In 2021, regulators ordered Binance to cease operations within the country. Similar action followed in 2023 against Huobi Global, highlighting Malaysia’s commitment to controlling unauthorized digital asset activities.

The country’s 2022 initiative to create a national blockchain infrastructure shows its strategic approach to distributed ledger technology. This foundation could support the implementation of new cryptocurrency regulations while maintaining technological advancement in the financial sector.

✅ Follow BITNEWSBOT on Facebook, LinkedIn, X.com, and Google News for instant updates.

- Advertisement -

Consider a small donation to support our journalism

Previous Articles:

- Advertisement -

Latest News

Cloudbet Expands Crypto Crash Game Portfolio With Galaxsys

Willemstad, Curaçao – June 26, 2025 – Cloudbet has added the full suite of...

Coinbase to Launch US-Regulated Bitcoin, Ether Perpetual Futures

Coinbase will launch U.S.-regulated perpetual-style futures for Bitcoin and Ether on July 21.The move...

Fannie Mae, Freddie Mac Now Accept Crypto Assets for Mortgages

Fannie Mae and Freddie Mac will now recognize Bitcoin and other cryptocurrencies as reserves...

AI-Powered Blockchain Activity Soars 86%, Nears Gaming Market Share

Blockchain-based Artificial Intelligence activity has grown by 86% since the beginning of 2025, according...

Maine Attorney General Recovers Thousands in Crypto Scam Case

The Maine Attorney General's Office has recovered thousands of dollars for a victim of...

Must Read

Forex Trading Vs Crypto Trading: Which One Should You Choose?

So you're trying to decide between two types of trading: Forex and cryptocurrency.Forex trading is the big player in the trading world, with lots...