Plan to Position Malaysia as Blockchain Hub - Malaysian PM Meets CZ Founder of Binance

  

Highlights Plan to Position Malaysia as Blockchain Hub

Binance News

Government to Engage Regulators and Agencies in Driving Digital Asset Innovation

Malaysian Prime Minister Anwar Ibrahim announced a productive meeting with Changpeng Zhao (CZ), founder and former CEO of Binance, to discuss Malaysia’s growing ambitions in the digital assets and blockchain sector.

In an official statement posted on X, Anwar emphasized Malaysia’s potential to become a regional hub for blockchain innovation, noting that constructive dialogue is underway with key stakeholders and regulatory bodies to promote responsible digital transformation.

“Malaysia has the opportunity to lead in the digital economy by embracing blockchain technology and the tokenization of financial instruments,” said Anwar.

The Prime Minister expressed his intention to continue engagement with government bodies including:

Securities Commission Malaysia (SC)

Bank Negara Malaysia (BNM)

Ministry of Digital

These discussions aim to explore policy frameworks that facilitate innovation while ensuring regulatory compliance, laying the foundation for Malaysia’s leadership in the Web3, fintech, and tokenized finance sectors.

Saya telah mengadakan pertemuan dengan Pengasas Binance, CZ untuk membincangkan potensi Malaysia sebagai hab utama dalam aset digital dan industri blockchain yang semakin berkembang.

Saya mengalu-alukan perbincangan berterusan bersama agensi seperti Suruhanjaya Sekuriti, Bank… pic.twitter.com/Ayr2lj6rb2

— Anwar Ibrahim (@anwaribrahim) April 22, 2025

Today I had a productive meeting with CZ, founder of Binance, to discuss the potential for Malaysia to become a major hub in the growing digital assets and blockchain industry. I welcome continued discussions with agencies such as the Securities Commission, Bank Negara Malaysia and the Ministry of Digital to explore ways to facilitate and promote responsible innovation. At the same time, it’s clear that government leadership is essential in driving blockchain adoption—such as through digitisation and exploring tokenisation of financial instruments and other use cases. With the right steps, Malaysia can position itself at the forefront of this global digital transformation.

Anwar also underscored the importance of government leadership in accelerating blockchain adoption across sectors, pointing to areas such as digitization of public infrastructure, financial tokenization, and cross-border innovation initiatives.

“With the right steps, Malaysia can position itself at the forefront of this global digital transformation,” he stated.

The meeting with CZ comes as part of Malaysia’s broader effort to attract top-tier blockchain innovators and create a regulatory environment that balances technological advancement with financial security and investor protection.