✉news BusinessBanking first seen 2 d ago, last 2 d ago, peak #22
Malaysia's central bank launches depository for tokenized bonds and sukuk
Original: Malaysia’s central bank launches depository for tokenized bonds, sukuk
Bank Negara Malaysia, the country's central bank, has launched a depository for tokenized bonds and sukuk, moving conventional and Islamic debt instruments onto distributed ledger infrastructure. The move is aimed at improving settlement efficiency and transparency in Malaysia's bond market and positions the central bank among the more advanced regulators experimenting with tokenized financial assets.
Why now: Central banks adopting blockchain-based tokenization for sovereign and Islamic debt is a significant financial infrastructure development.
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- Malaysia’s central bank launches depository for tokenized bonds, sukuk · Ledger Insights
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