Dubai's financial super app Fasset has obtained a temporary license in Malaysia and plans to launch a Digital Bank compliant with Islamic law.

2025-10-07 08:56:50

According to Mars Finance, The Digital Banker reported that the Dubai financial super app Fasset has announced that it has obtained a temporary regulatory license in Malaysia and plans to launch a digital bank powered by stablecoins and compliant with Islamic law. It is reported that Fasset also plans to issue a cryptocurrency debit card for everyday consumption and will launch the Ethereum Layer 2 platform “Own” built on Arbitrum for the settlement of real-world assets.

ARB-0,84%

ETH-1,01%

OWN5,14%

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