Fasset Secures Provisional Banking License to Become World’s First Stablecoin-Powered Islamic Bank
October 7 2025
Fasset, a leading global financial superapp, has secured approval from Malaysia to provide banking services. The license completes Fasset’s ability to provide full-service digital banking to its existing global user base of 500,000 within a regulated sandbox for Islamic fintech innovations, establishing Fasset as the world’s first stablecoin-powered Islamic digital bank.