Fasset Islamic crypto bank has received regulatory approval from Malaysia’s Labuan FSA, becoming the world’s first Shariah-compliant digital bank powered by stablecoins. The UAE-based fintech will expand from digital asset services to full-scale on-chain banking through its superapp, offering zero-interest accounts and access to US stocks, gold, and cryptocurrencies. With over 500,000 users across 125 countries, the platform currently handles USD6bn in annualised volume and a