One possible impact if BNM decides to implement the use of CBDCs for international settlements is that BNM can share the CBDC infrastructure, benefiting from the collaboration between public and private-sector experts in different jurisdictions and areas of operation.

One of the impact if BNM decice to implement CBDCs for international settlement is central bank will get the benefits by sharing the CDBCs infrastucture and their modern technology.

One possible impact if BNM decides to implement the use of CBDCs for international settlement is to enable fast and frictionless cross-border payments, combining both the benefits of distributed ledger technology and the efficiency of a common platform.

Suggestion on how to solve the problem of loan sharks and illegal money lending activities in Malaysia is by implementing a financial educational approach. This approach will help people to have better insight into the dangers of illegal lending and would increase knowledge and understanding of accessing alternative forms of finance.

One way to encourage people to use credit facilities from banks is by focusing on educating people on the benefits of using credit facilities from banks. When people understand and know that using credit facilities from banks is the best option, they will surely choose banks over other options.

My suggestion to solve the problem of loan sharks and illegal money lending activities in Malaysia is the government as the authorities need to take legal action on loan sharks and illegal money lenders to prevent their illegal activities.

The way to encourage people to use credit facilities from banks is to organize campaigns, talk shows or any programs that give knowledge about the credit facilities from banks to create awareness among the people to use these facilities.