Fasset Secures License for First Stablecoin-Powered Islamic Digital Bank in Malaysia

Fasset has received approval from Malaysian authorities to launch the first stablecoin-powered Islamic digital bank, marking a significant milestone in the integration of blockchain technology with Islamic finance. This initiative aims to enhance financial inclusion in underserved markets in Asia and Africa, showcasing the potential of digital currencies in transforming traditional banking and setting a precedent for innovation in the Islamic banking sector.