Malaysia’s Central Bank Launches Three-Year Plan to Test Asset Tokenization

**Bank Negara Malaysia Launches Three-Year Programme to Test Real-World Asset Tokenisation**

Bank Negara Malaysia (BNM) has initiated a pioneering three-year programme aimed at exploring real-world asset tokenisation. The newly released roadmap is designed to understand how blockchain-based tokenisation can transform Malaysia’s financial landscape, ranging from Islamic finance to supply chain management. Industry stakeholders are invited to provide feedback on the initiative until March 1, 2026.

### Malaysia’s 3-Year Plan for Tokenisation

BNM has published a Discussion Paper on Asset Tokenisation to gather insights and feedback from both the financial and technology sectors. The primary goal is to establish a **Digital Asset Innovation Hub** alongside an industry working group, which will collectively explore how tokenisation can be integrated into real-world financial systems.

The roadmap is structured as follows:

– **2026:** Focus on proof-of-concept and pilot testing to evaluate which applications are effective.
– **2027:** Expansion of pilots into larger trials based on initial findings and stakeholder input.
– **Ongoing:** BNM encourages ongoing feedback and suggestions for use cases, with the deadline set for March 1, 2026.

### Focus Areas and Selection Criteria

The working group will concentrate on several key use case areas, such as:

– **Supply Chain Finance:** Tokenisation can enhance transparency, improve traceability, and accelerate payment processes.
– **Islamic Finance:** Blockchain technology offers opportunities to develop more efficient and transparent Sharia-compliant financial products.

BNM emphasizes that not every idea will qualify. Projects must:

– Demonstrate tangible, real-world benefits.
– Apply blockchain technology only where it is the right fit.
– Be technically feasible within existing infrastructure.

### Why Malaysia Is Exploring Tokenisation Now

BNM’s motivation for this initiative stems from addressing critical challenges:

– **SME Financing Gap:** Malaysia faces a RM101 billion gap in SME financing. Tokenisation can help by turning invoices into digital tokens, enabling small businesses to access faster and more affordable loans.
– **Islamic Finance Leadership:** Malaysia is a global leader in Islamic finance. The use of tokenised *sukuk* and smart contracts can automate payments, increase liquidity, and expand the RM2.4 trillion Islamic finance market, all while adhering to Shariah principles.
– **Sustainability and ESG:** Tokenised green bonds could link payments directly to verified climate outcomes, minimizing greenwashing and enhancing investor confidence in Malaysia’s expanding Environmental, Social, and Governance (ESG) sector.

With this structured, pragmatic approach, Bank Negara Malaysia aims to bridge the gap between innovation and practical application, positioning Malaysia as a regional leader in regulated digital finance. Stakeholders interested in contributing insights or potential use cases are encouraged to participate before the March 1, 2026 deadline.


https://coinpedia.org/news/malaysias-central-bank-launches-three-year-plan-to-test-asset-tokenization/

Maine has a mixed recent history on citizens’ initiatives. Here’s a closer look.

When Maine voters cast ballots Tuesday on referendum Questions 1 and 2, it will mark the 30th and 31st time in the last two decades that they have participated in citizen-led ballot initiatives.

Since 2004, Maine has passed 14 citizen-initiated measures establishing laws for medical marijuana, later legalizing recreational cannabis, expanding Medicaid, and allowing same-sex marriage. Meanwhile, 15 initiatives have failed, including several efforts to reduce taxes, attempts to establish casinos in different parts of the state, and a proposed tax on wealthy households intended to fund universal home health care for seniors and disabled residents.

Roughly half of all U.S. states have some form of citizen initiative, though Massachusetts is the only other state in New England to do so. Some states, such as California, have considered citizen initiatives at a much higher frequency. Maine’s citizen initiative process has been in existence for over 100 years, reflecting a long tradition of direct voter engagement. Recently, Maine has seen multiple statewide initiatives on the ballot, notably four in 2023 and five in 2016. However, there were none in 2019, 2020, or 2022.

“The idea is to give regular citizens more of a voice in the policy process,” said Dan Shea, a professor of government at Colby College. He explained that Maine’s process originated at a time when corrupt party machines often controlled legislative efforts around the turn of the 20th century. “The process was designed to allow citizens to step beyond leaders of the parties in the Legislature and get stuff done,” Shea added.

Despite these advantages, there are some downsides to passing legislation via referendum. Citizen initiatives can attract out-of-state influence and funding, especially from activists who see Maine’s relatively low media costs as an invitation to test policies. Additionally, these proposals are often complex, making it challenging for voters to fully understand all the details and potential impacts.

“Maine is a pretty cheap state for advertising,” noted Michael Franz, a professor of government and legal studies at Bowdoin College. “Because Mainers see it as part of their political culture to vote on these measures, it becomes a perfect place for advocates of different ideas to put them on the ballot and test them in the state.”

Franz added, “Given the political polarization today and the frustration many people have with elected officials, it’s an opportunity for people who have an idea and want to get things in front of people to just bypass elected officials entirely.”

While many Maine voters remain wary of out-of-state influence and acknowledge the complexity of some measures, Franz emphasized that the electorate as a whole has proven to be “pretty savvy” when deciding on citizen initiatives. However, since these measures bypass the usual legislative process, many end up facing legal challenges.

To qualify for the ballot in Maine, supporters must gather signatures equaling 10% of the turnout for the most recent gubernatorial election. This year, that threshold was set at 67,682 signatures. Political scientists say this requirement is high enough to prevent the process from being overused or abused.

Citizen-led initiatives have often been used to push for laws that the Legislature is unwilling to address or support. Some view them as an opportunity for lawmakers to “pass the buck” and avoid making decisions on controversial issues themselves, Shea said. At the same time, these initiatives have put Maine on the leading edge of some national issues.

Here’s a look at 10 high-profile citizen-led initiatives that have passed or failed in recent years.

*Staff writer Rachel Ohm contributed to this report.*
https://www.sunjournal.com/2025/11/01/maine-has-a-mixed-recent-history-on-citizens-initiatives-heres-a-closer-look/

Robert Kiyosaki Warns of Biggest Crash Coming, Urges Buying Bitcoin, Gold, and Silver

**Robert Kiyosaki Warns of Biggest Crash Coming, Urges Buying Bitcoin, Gold, and Silver**

The recent market turmoil reflects growing concerns surrounding the U.S. Federal Reserve’s policies and escalating trade tensions between former President Donald Trump and China’s Xi Jinping. Cryptocurrencies took a hit, with Bitcoin slipping 3.8% to $110,063, Ethereum dropping 3.6% to $3,853, and XRP falling 4.1% to $2.51. This decline signals a clear risk-off sentiment as investors retreat amid mounting uncertainty over global policy decisions.

### Why Is Crypto Crashing?

Traders have entered panic mode after Federal Reserve Chair Jerome Powell hinted that the recent 25-basis-point rate cut might be the last for 2025. Powell warned that the Fed could “wait a cycle” before considering further easing measures, dashing hopes for faster monetary relief.

His comments negatively impacted risk assets across the board. The Dow Jones slipped 0.2%, while the S&P 500 remained mostly flat as markets began factoring in a prolonged period of tight financial conditions.

Adding more pressure, the much-anticipated meeting between Trump and Xi yielded little clarity. Though both leaders described the encounter as “productive,” traders saw it as more of a temporary truce than a meaningful breakthrough. The absence of concrete progress has heightened nerves, especially as global markets brace for potential ripple effects from renewed trade disputes and tariff tensions.

### Institutional Players Still Buying

Despite the price decline, institutional demand for cryptocurrencies remains strong. Bitcoin ETFs recorded $202.48 million in net inflows on October 28, led by major firms such as BlackRock, Fidelity, and Ark & 21Shares. These inflows pushed total Bitcoin ETF assets past $62 billion.

Ethereum ETFs also attracted significant interest, with net inflows surpassing $246 million. This trend suggests that institutional investors continue to see long-term value in digital assets, even as short-term traders react with caution.

**Also Read:** [Is It Too Late to Buy Bitcoin and Crypto in 2025?](#)

### Robert Kiyosaki Says: Invest in Bitcoin!

Amid the market volatility, *Rich Dad Poor Dad* author Robert Kiyosaki sounded the alarm once again. Posting on X, he warned:
**“MASSIVE CRASH BEGINNING: Millions will be wiped out. Protect yourself. Silver, gold, Bitcoin, Ethereum investors will protect you.”**

Kiyosaki believes the global economy is on the brink of a severe financial crisis. He argues that real assets like gold, silver, and cryptocurrencies are the only reliable protection against inflation and potential currency collapse. Recently, he doubled down on his stance, highlighting silver and Ethereum as the best-value buys currently due to their industrial and technological utility.

While critics note that Kiyosaki has predicted crashes for years, his warnings resonate strongly amid today’s economic uncertainty.

### Major Crypto Crash Ahead?

Echoing Kiyosaki’s warning, trader Jonesy cautioned that rate cuts tend to precede major market crashes. He cited the years 2000, 2007, and 2020 as examples when markets tumbled by as much as 56%. His trading indicators now suggest growing instability, hinting that the April lows might just mark the start of a deeper decline.

For now, Bitcoin remains above $108,000, but fear is spreading quickly. With the Fed holding firm on policy and global tensions escalating, investors are once again flocking to safety in gold, silver, and cryptocurrencies—just as Robert Kiyosaki advised.

### Frequently Asked Questions (FAQs)

*(FAQs can be added here to address common concerns related to investing in cryptocurrencies, gold, and silver during times of market volatility.)*
https://bitcoinethereumnews.com/bitcoin/robert-kiyosaki-warns-of-biggest-crash-coming-urges-buying-bitcoin-gold-and-silver/?utm_source=rss&utm_medium=rss&utm_campaign=robert-kiyosaki-warns-of-biggest-crash-coming-urges-buying-bitcoin-gold-and-silver

Bitwise’s NYSE Listing Update Hints XRP ETF Approval Could Arrive Within 20 Days

**Bitwise’s NYSE Listing Update Hints XRP ETF Approval Could Arrive Within 20 Days**

Bitwise, the $15 billion asset management giant, is one step closer to launching its XRP ETF, signaling that the approval could become a reality soon. On October 31, Bitwise submitted Amendment No. 4 to its XRP ETF filing with the U.S. Securities and Exchange Commission (SEC), revealing two crucial updates that experts believe usually indicate the final step before approval.

### Key Updates in Bitwise’s Filing

The latest amendment to Bitwise’s S-1 form discloses two important details:
– The listing venue will be the New York Stock Exchange (NYSE)
– The management fee for the ETF will be set at 0.34%

Eric Balchunas, senior ETF analyst at Bloomberg, commented on the significance of these changes, stating, “Adding the NYSE and fee means Bitwise has checked nearly all boxes.” Historically, when issuers include exchange and fee details in their S-1 filings, it typically signals that they are awaiting the final green light from the SEC.

### XRP ETF Could Launch Within 20 Days

Following the announcement, ETF expert James Seyffart from Bloomberg Intelligence provided additional context. He pointed out that Bitwise’s latest filing contains “shorter language” that could allow the XRP ETF to go live within just 20 days, pending SEC approval.

Seyffart also noted that Bitwise is not alone in this race. Other major players like VanEck, Fidelity, and Canary Funds have updated their filings, indicating a rapidly intensifying competition to launch the first XRP ETF.

Meanwhile, Crypto America host Eleanor Terrett revealed that Canary Funds removed the “delaying amendment” from its S-1 filing, which had previously given the SEC control over the timing. This change positions Canary’s XRP ETF for a potential launch date of November 13, provided the Nasdaq approves its 8-A filing.

### Potential Impact on XRP Price

Following these latest XRP ETF updates, XRP’s price experienced a modest increase, trading around $2.51 — a sign of growing optimism among traders.

Analysts suggest that approval of the XRP ETF would mark the first-ever U.S. spot ETF for XRP, a historic milestone likely to boost the token’s momentum. Currently, XRP faces strong resistance near the $2.75 level. A successful breakout above this point could pave the way for testing the $3 psychological mark.

However, if selling pressure persists, XRP could see a correction of up to 19%, potentially retesting support around the $2 zone within its long-term channel pattern.

Stay tuned for further updates as the SEC’s decision on the XRP ETF approaches, potentially reshaping the future of XRP’s presence in traditional finance.
https://bitcoinethereumnews.com/tech/bitwises-nyse-listing-update-hints-xrp-etf-approval-could-arrive-within-20-days/?utm_source=rss&utm_medium=rss&utm_campaign=bitwises-nyse-listing-update-hints-xrp-etf-approval-could-arrive-within-20-days

Cardano (ADA) Price Analysis for October 31

The crypto market is mainly rising today, according to CoinStats.

**ADA/USD Analysis**

The rate of Cardano (ADA) has increased by 0.5% over the last 24 hours. On the hourly chart, the price of ADA is currently near the local resistance level of $0.6168. If the daily candle closes around that mark or above it, the upward move is likely to continue toward the $0.62 area.

Looking at a longer time frame, traders should pay attention to the daily bar’s closure in relation to the support level at $0.5923. If a breakout below this support occurs, there may be a further downward move to the $0.56–$0.58 range. This scenario is expected to remain relevant until the end of the week.

From a midterm perspective, ADA’s rate recently made a false breakout of the $0.5923 level. However, if bearish pressure persists and the daily bar closes below this mark, the decline is likely to continue further, targeting the $0.50–$0.55 area.

At the time of writing, ADA is trading at $0.6174.
https://bitcoinethereumnews.com/tech/cardano-ada-price-analysis-for-october-31/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-ada-price-analysis-for-october-31

Stephen A. Smith blasts Blue Jays’ Addison Barger for World Series Game 6 blunder

The Toronto Blue Jays experienced one of the most heartbreaking losses in World Series history in Game 6 against the Los Angeles Dodgers.

In the top of the ninth inning, Toronto began mounting a rally. A hit-by-pitch followed by a ground-rule double put runners on second and third with no outs. The Dodgers responded by sending in starter Tyler Glasnow to relieve their pitcher, trying to quell the threat.

With runners in scoring position and no outs, the Blue Jays were in a prime position to at least tie the game. After Ernie Clement hit a first-pitch flyout, the resilient George Springer was expected to come to the plate following Andres Gimenez. However, Springer never got the chance to take his fifth at-bat.

Gimenez hit a soft line drive straight to Kike Hernandez in left field, recording the second out. But in a stunning turn of events, Hernandez noticed Blue Jays hitter Addison Barger had strayed too far off second base. Hernandez and second baseman Miguel Rojas executed a perfectly synchronized double play, tagging out Barger to end the game.

This costly “Little League” error might have wasted Toronto’s golden opportunity to close out the Dodgers once and for all.

Media personality Stephen A. Smith didn’t hold back in criticizing Barger and the Blue Jays for the mistake. Posting on X, Smith said:
“Great game in the World Series Dodgers win 3-1. Barber for the @BlueJays picked off at 2nd after a line drive to left. Here’s my thing: How in the hell do you get picked off on a line drive. Message: Little League teaches you. A runner on 2nd Base FREEZES on line drives. Baseball 101. But great pick off by KiKe Hernandez!”

With the victory, the Dodgers have forced a decisive Game 7 in the 2025 World Series. Despite the Blue Jays maintaining home-field advantage, the Dodgers now carry all the momentum after that clutch defensive play.

Max Scherzer is the likely Game 7 starter for Toronto. Meanwhile, Los Angeles’ pitching plans appear to be in flux. Glasnow’s surprise relief appearance late in Game 6 could affect his availability, though he still may pitch given his limited workload. Additionally, Dodgers manager Dave Roberts hasn’t ruled out a potential start from Shohei Ohtani in the final game.

The stage is set for an epic showdown to decide the championship. Baseball fans can only wait and see who will rise to the occasion in Game 7.
https://clutchpoints.com/mlb/toronto-blue-jays/blue-jays-news-stephen-a-smith-blasts-addison-barger-world-series-blunder

Contractual conditions 7 Little Words Answer

Contractual Conditions 7 Little Words Answer

We hope this helped you to finish today’s 7 Little Words puzzle.

You can find all of the answers for each day’s set of clues in the 7 Little Words section of our website.

The post Contractual conditions 7 Little Words Answer appeared first on Try Hard Guides.

https://tryhardguides.com/contractual-conditions-7-little-words/

Cereal grain 7 Little Words Answer

If you’re working on the 7 Little Words puzzle from November 1, 2025, and find yourself stuck on the clue “Cereal grain,” we’re here to help you finish it!

The 6-letter answer to the crossword clue **Cereal grain** is:

### BARLEY

Barley is a grain that has been cultivated since prehistoric times. It is commonly grown for both forage and grain purposes, making it a staple in agriculture and food production.

### Additional Related Clues and Answers from 7 Little Words:

– Ecstasy
– City bordering Berlin
– Left
– Winnings
– Played before the main act
– A rope-soled shoe
– Zeroes in on
– 9-1-1 responder
– It can be used to make tofu

### Understanding the Term “Grain”

**Grain (noun):**
– Refers to the physical composition of something, especially regarding the size and shape of its small constituents.
– It can also mean a unit of weight used for pearls or diamonds (equal to 50 mg or 1/4 carat).

**Grain (verb):**
– Means to thoroughly work something into grains or a grain-like texture.

We hope this helps you solve the puzzle and enhances your understanding of cereal grains like barley. Happy puzzling!
https://tryhardguides.com/cereal-grain-7-little-words/

Obituary: Jacqueline Russell Thebarge

**Jacqueline Russell Thebarge, 92, of Palatine Bridge, NY**

Jacqueline Russell Thebarge, 92, of Palatine Bridge, NY, and formerly of Lewiston, passed away peacefully on October 23, 2025, at Palatine Bridge Nursing Home.

Born on March 30, 1933, she was the daughter of the late Frank J. and Diana M. (Martin) Russell. Jacqueline was educated in local schools and graduated from Lewiston High School in 1950. She continued her studies at St. Mary’s School of Nursing, embarking on a dedicated career as a registered nurse.

Jacqueline’s nursing career included service with Tri-County Health, Mercy Hospital, and St. Mary’s Hospital. She also served as Director of Nursing at Marcotte House, now known as St. Mary’s d’Youville Pavilion, demonstrating her commitment to healthcare and patient well-being.

On May 15, 1982, Jacqueline married Armond A. Thebarge. They shared many happy years together until his passing on October 20, 2009.

A lifelong Catholic, Jacqueline grew up attending the Cathedral of the Immaculate Conception and St. Peter’s Parish in Portland. She was an avid reader who treasured time spent with her family and took great pride in the lives and accomplishments of her loved ones.

Jacqueline is survived by her stepson, Jim Thebarge, and his wife Stacy of South Portland, her stepdaughter, Anne Hoeprich, and her husband John of Tribes Hill, NY, as well as 11 cherished grandchildren, all of whom brought her great joy and pride.

Condolences and memories of Jacqueline can be shared online at [link to memorial or funeral home website].

Committal prayers will take place on Wednesday, November 11, 2025, at 10 a.m. in the small chapel of the Mausoleum at St. Peter’s Cemetery in Lewiston.

Arrangements are under the care of Albert & Burpee Funeral Home Cremation Services, located at 253 Pine St., Lewiston. For more information, please call 207-782-7201.
https://www.pressherald.com/2025/11/01/obituaryjacqueline-russell-thebarge-2/