According to PANews, Malaysian Prime Minister Anwar Ibrahim announced the launch of the 'Digital Asset Innovation Center' initiative at the 2025 Sasana Symposium. This regulatory sandbox, led by the Central Bank of Malaysia, will facilitate the testing of innovative applications such as the ringgit stablecoin and programmable payments. The initiative aims to position Malaysia as a regional fintech hub. Central Bank Governor Abdul Rasheed Ghaffour stated that the country is concurrently upgrading the Rentas payment system and exploring cross-border payment connectivity and asset tokenization.