AirAsia Founder, Standard Chartered Exploring Ringgit ...
16 Articles
16 Articles
Standard Chartered Ringgit Stablecoin Plan Advances With AirAsia Parent
Standard Chartered and Capital A plan ringgit-pegged Stablecoin under Malaysia’s regulatory sandbox. Pilot targets wholesale use as BNM expands tokenization roadmap and industry working group. Regulators update exchange rules as crypto trading hits RM13.9b amid strict enforcement. The Standard Chartered Bank Malaysia and Capital A have both considered issuing a ringgit-pegged Stablecoin under a regulatory sandbox in Malaysia. The shift represent…
Capital A & Standard Chartered Explore Malaysia’s First Ringgit-Backed Stablecoin
TLDR: Capital A and Standard Chartered Malaysia will explore a Ringgit-backed stablecoin through BNM’s regulated sandbox. The MYR stablecoin aims to support wholesale digital-asset use cases across Capital A’s multi-industry ecosystem. Standard Chartered Malaysia is positioned as the issuer, offering institutional-grade controls and compliance frameworks. The partnership supports Malaysia’s plan to advance responsible digital-asset innovation a…
Standard Chartered & Capital A Eye Malaysian Ringgit Stablecoin: A Catalyst for ASEAN Digital Finance?
In a significant development poised to reshape the digital asset landscape in Southeast Asia, financial giant Standard Chartered and aviation conglomerate Capital A (parent company of AirAsia) are reportedly exploring the creation of a Malaysian Ringgit (MYR) pegged stablecoin. This late 2025 initiative signals a growing convergence between traditional finance, major corporations, and the burgeoning crypto sector, potentially heralding a new era…
Capital A, the parent of one of Asia's largest airlines, and Standard Chartered bank are exploring the issuance of a ringgit-related stablecoin in Malaysia under a central bank pilot program. *** Standard Chartered bank and Asia's leading airline collaborate on a stablecoin. Both are working on the project under a central bank pilot program. The trend of stablecoins to expedite payments extends to Malaysia. Days earlier, it was reported that Mal…
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