Asia's regulatory landscape is shifting fast. Malaysia just launched the RMJDT stablecoin—a ringgit-pegged token backed by official oversight. This move signals something bigger: regulated digital money and onchain settlement are becoming mainstream across the region. More governments recognizing blockchain infrastructure as legitimate financial rails rather than fringe tech. It's a turning point worth watching.
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OnchainDetective
· 12-19 23:53
Finally, some governments are getting serious. Is Bitcoin no longer attractive?
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Malaysian Ringgit stablecoin? Still depends on subsequent execution...
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This move in Asia, Europe and the US must be getting restless
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Regulatory support ≠ true mainstream adoption, it depends on trading volume
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Another government-backed stablecoin, will it be just a flash in the pan?
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This is the right way. Much better than wild growth
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Pegged to the Malaysian Ringgit? Depends on whether it can truly become liquid
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Legalization means Bitcoin has finally won this round
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Official recognition, what is there to fear? Finally, it can be legitimate and proper
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That’s what they say, but policies vary greatly among Southeast Asian countries
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digital_archaeologist
· 12-19 23:38
Government stablecoins are here, now blockchain is really going to "go mainstream"
Asia's regulatory landscape is shifting fast. Malaysia just launched the RMJDT stablecoin—a ringgit-pegged token backed by official oversight. This move signals something bigger: regulated digital money and onchain settlement are becoming mainstream across the region. More governments recognizing blockchain infrastructure as legitimate financial rails rather than fringe tech. It's a turning point worth watching.