Central bank of Malaysia names XRP, Bitcoin as potential cash alternatives

12-8-2025 – A recent working paper from the Central Bank of Malaysia (CBM) has identified XRP and Bitcoin (BTC) as potential substitutes for bank deposits and currency in circulation, sparking debate. The document, exploring modern money and central bank digital currency (CBDC) frameworks, suggests these digital assets could gain traction as payment methods outside traditional [. . source: https://www.cointrackdaily.com/central-bank-of-malaysia-names-xrp-bitcoin-as-potential-cash-alternatives/