Malaysia launches digital asset hub to test stablecoin, programmable money

The Digital Asset Innovation Hub serves as a regulatory sandbox, allowing fintech firms to innovate under the supervision of the central bank. This initiative reflects Malaysia’s ambition to establish itself as a regional leader in fintech.

During the launch, Prime Minister Anwar Ibrahim emphasized the importance of aligning infrastructure and policy, while Central Bank Governor Abdul Rasheed Ghaffour noted that modernization is crucial to keep pace with the evolving financial landscape.

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