Dubai Fasset Gets Malaysia Banking License to Launch Shariah-Compliant Stablecoin Bank – A First Globally
Fasset, a Dubai and Jakarta-based digital banking and funding platform, has received a provisional banking license from Malaysia to function the world’s first stablecoin-powered Islamic digital financial institution. The regulatory approval permits Fasset to supply Shariah-compliant financial savings, zero-interest accounts, funding companies utilizing stablecoins and tokenized belongings, and world funds on-chain, focusing on monetary inclusion…