Hong Kong Monetary Authority and Bank Negara Malaysia strengthen cooperation on cross-border stablecoins and payment infrastructure
香港金融管理局與馬來西亞中央銀行加強雙邊合作
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The Hong Kong Monetary Authority and Bank Negara Malaysia held a high-level bilateral meeting in Hong Kong and agreed to strengthen cooperation in financial technology, digital assets, cross-border regulation and payment infrastructure. The two sides will establish a policy-oriented joint working group to promote compliant cross-border stablecoin use cases, and enhance policy and regulatory exchanges on tokenization and digital currencies. The two sides will also strengthen connectivity between Hong Kong and Malaysia's RTGS systems, and explore establishing a connection between Hong Kong's CMU and Malaysia's RENTAS.
The announcement lists cooperation areas including cross-border stablecoin use cases, policy exchanges on tokenization, and connectivity between payment and settlement systems, presenting a concrete agenda for regulatory and financial infrastructure collaboration between the two markets.
Source:HKMA — Press releases (繁體中文) · hkma.gov.hk