Malaysia has launched the Digital Asset Innovation Hub programme, which will act as a regulatory sandbox to enable fintech and digital asset companies to test new technologies under the supervision of the country's central bank. Prime Minister Anwar Ibrahim announced the initiative at the Sasana 2025 Symposium in Kuala Lumpur on Tuesday. He described the hub as the "start of a new chapter" in Malaysia's digital economy.
Ibrahim detailed that the sandbox would allow for the exploration of use cases such as programmable payments, ringgit-backed stablecoins, and supply chain financing in a controlled environment.
Malaysia Launches Digital Asset Center to Test Stablecoins and Programmable Currencies
2025-06-17 12:42:11
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