From TokenPost · · 40s
Malaysian Banker Warns Digital Assets Cross-Border Risks
Malaysian central bank official flags digital assets as cross-border risk for financial systems.
In brief
Malaysian central bank official flags digital assets as cross-border risk for financial systems. Bank Negara Malaysia deputy governor Adnan Zaylani Mohamad Zahid warns digital assets create cross-border financial dependencies. Originally reported by TokenPost.
Bank Negara Malaysia Deputy Governor
Bank Negara Malaysia Deputy Governor Adnan Zaylani Mohamad Zahid identified digital assets as a cross-border risk for central banks.
“Digital assets and interconnected financial ecosystems create risks and dependencies that may not be fully understood in isolation.”
Oct 8 Meeting in Kuala Lumpur
Zahid made remarks Oct. 8 at the 11th ASEAN Central Bank Heads of Internal Audit Network meeting in Kuala Lumpur.
Five Risk Areas Discussed
Zahid addressed cross-border risks, uncertainty, data governance, artificial intelligence and resilience for internal audit teams.
The key point
Bank Negara Malaysia deputy governor Adnan Zaylani Mohamad Zahid warns digital assets create cross-border financial dependencies.
