Malaysia launches digital asset center to test stablecoins and programmable currencies According to Cointelegraph, Malaysian Prime Minister Anwar Ibrahim announced the launch of the "Digital Asset Innovation Center" program at the Sasana 2025 seminar. The regulatory sandbox, led by the Bank of Malaysia, will allow testing of innovative applications such as ringgit stablecoins and programmable payments, with the aim of promoting the country as a regional fintech hub. Bank of Malaysia Governor Abdul Rasheed Ghaffour stated that the country is simultaneously upgrading the Rentas payment system, exploring cross-border payment interconnectivity, and asset tokenization.