Malaysia Launches Digital Asset Center, Testing Stablecoins and Programmable Currency

Malaysian Prime Minister Anwar Ibrahim announced the launch of the 'Digital Asset Innovation Center' initiative at the 2025 Sasana Symposium. The regulatory sandbox, led by Bank Negara Malaysia, will allow testing of the Ringgit stablecoin, programmable payments, and other innovative applications, aiming to position the country as a regional fintech hub. Bank Negara Malaysia Governor Abdul Rasheed Ghaffour stated that the country is simultaneously upgrading the Rentas payment system and exploring cross-border payment connectivity and asset tokenization. #马来西亚稳定币 $BTC