Tag: regulatory landscape
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Ringgit-Backed Stablecoins: Is RMJDT a Turning Point for Southeast Asia’s Crypto Adoption
What RMJDT Represents in the Malaysian Crypto Landscape The recent launch of a ringgit-backed stablecoin, RMJDT, by a private company chaired and owned by Johor’s royal figure Tunku Ismail Sultan Ibrahim, signals a notable milestone in Malaysia’s evolving relationship with digital currencies. Stablecoins anchored to local currencies are designed to reduce volatility, offering traders and…
