Golden Finance reported that Malaysian Prime Minister Anwar Ibrahim said that the government is studying and formulating digital financial policies with a view to recognizing cryptocurrency and blockchain technology. He held discussions with the Abu Dhabi government and Binance founder Changpeng Zhao during the Abu Dhabi Sustainability Week to discuss how to promote development in this area. Anwar stressed that cryptocurrency and blockchain technology, similar to artificial intelligence, are rapidly changing the financial world and Malaysia cannot lag behind. He recommended that the National Finance Ministry, Securities Commission and Bank Negara Malaysia conduct a comprehensive study, and said the government would draw on international experience, including Binance and the United Arab Emirates. He revealed that he will submit relevant policy drafts to the cabinet and prioritize policy innovation in this area to get rid of the constraints of the traditional financial system and move towards a new model of digital finance.