Malaysia Aims to Become Blockchain Hub, Meeting with Binance’s CEO for Discussions

Malaysian Prime Minister Anwar Ibrahim met with Changpeng Zhao (CZ), the founder of Binance, to discuss Malaysia’s ambitions in the blockchain and digital asset industry. The meeting focuses on establishing Malaysia as a regional hub for innovation within this sector. The government is collaborating with regulatory bodies like the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) to develop policy frameworks that encourage innovation while ensuring compliance, paving the way for Malaysia’s leadership in Web3, fintech, and tokenized finance.