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TechFlow, October 7 — According to TheDigitalBanker, Dubai-based financial super app Fasset announced it has obtained interim regulatory approval from Malaysia to launch a sharia-compliant digital bank powered by stablecoins. Fasset also plans to issue a crypto debit card for daily spending and will introduce "Own," an Ethereum Layer 2 platform built on Arbitrum, for settling real-world assets.
According to TheDigitalBanker, Dubai-based financial super app Fasset has announced it has obtained interim regulatory approval from Malaysia and plans to launch a Sharia-compliant digital bank powered by stablecoins. Fasset also intends to issue a crypto debit card for daily spending and will launch "Own," an Ethereum Layer 2 platform built on Arbitrum, for settling real-world assets.
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