<p>Foresight News reports that, according to the Business Times, Malaysian Prime Minister Anwar Ibrahim announced the launch of the "Digital Asset Innovation Hub" at the 2025 Sasana Seminar. This regulatory sandbox, led by Bank Negara Malaysia, will allow testing of innovations such as the Ringgit stablecoin and programmable payments, aiming to promote the country as a regional fintech hub.</p><p>Bank Negara Malaysia Governor Abdul Rasheed Ghaffour stated that the country is simultaneously upgrading the Rentas payment system, exploring cross-border payment interoperability, and asset tokenization.</p>

According to Foresight News and reported by the Business Times, Malaysian Prime Minister Anwar Ibrahim announced the launch of the "Digital Asset Innovation Hub" at the 2025 Sasana Seminar. This regulatory sandbox, led by Malaysia's central bank, will allow testing of innovative applications such as Ringgit stablecoins and programmable payments, 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, exploring cross-border payment connectivity, and asset tokenization.

Malaysia Launches Digital Asset Hub to Test Stablecoins and Programmable Payments