Fasset said on October 7, 2025, that it has secured Malaysian approval to provide banking services from Labuan’s regulatory sandbox for Islamic fintech, allowing the firm to offer full-service digital banking to its existing global user base of 500,000. The provisional license positions Fasset as the world’s first stablecoin-powered Islamic digital bank, enabling on-chain, asset-backed, […]
Source: https://news.bitcoin.com/fasset-receives-malaysian-approval-to-operate-stablecoin-powered-islamic-digital-bank/
