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Malaysia's central bank launches Digital Asset Innovation Hub

( June 17, 2025, 08:08 GMT | Official Statement) -- MLex Summary: Bank Negara Malaysia, the country's central bank, has launched the Digital Asset Innovation Hub, which is designed to support the development of digital assets and the application of leading-edge financial technology. This initiative aims to stimulate financial innovation in a controlled environment for applicants to test new ideas and provide input to fine-tune regulatory and security frameworks. Prime Minister Anwar Ibrahim, who officiated at the launch, said that the hub would serve as a catalyst for progress, enabling innovators to test use cases such as programmable payments, ringgit-backed stablecoins and supply-chain financing, unlocking new efficiencies across the financial system and the broader economy.The central bank's statement is attached....

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