Malaysia Launches Digital Asset Hub with Plans for Ringgit-Backed Stablecoin

Malaysia has taken a significant step toward embracing digital assets with the launch of a new Digital Asset Innovation Hub, which will explore the development of programmable money and a ringgit-backed stablecoin, marking a major milestone in the country's fintech evolution. source: https://www.blockhead.co/2025/06/17/malaysia-launches-digital-asset-hub-with-plans-for-ringgit-backed-stablecoin/