MALAYSIA TO LAUNCH THREE STABLECOIN AND TOKENIZED DEPOSIT PILOTS IN 2026

Summary from the TLDR Crypto newsletter

Bank Negara Malaysia's (BNM) Digital Asset Innovation Hub is onboarding three 2026 pilots: a ringgit stablecoin settlement led by Standard Chartered Bank Malaysia and Capital A and two tokenized deposit payment projects led by Maybank and CIMB focused on wholesale domestic and cross-border payments so BNM can assess monetary and financial stability, potentially integrate findings with its wholesale CBDC work, and issue guidance on ringgit stablecoins and tokenized deposits by end-2026.