Malaysia has launched the Digital Asset Innovation Center program, which will serve as a regulatory sandbox, allowing financial technology and digital asset companies to test new technologies under the supervision of the country's central bank, the Internet reported. Malaysian Prime Minister Anwar Ibrahim announced the initiative at the 2025 Sasana Symposium in Kuala Lumpur on Tuesday. He described the center as "the beginning of a new chapter" in Malaysia's digital economy. Ibrahim detailed that the sandbox would allow use cases such as programmable payments, ringgit-backed stablecoins and supply chain financing to be explored in a controlled environment.