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Malaysia sets out fintech sandbox framework

FinTech

Malaysia sets out fintech sandbox framework

Malaysia is the latest country to set up a fintech regulatory sandbox in an effort to help startups experiment with new products and services in a safe environment.

The country’s central bank, Bank Negara Malaysia, has put together a framework for the sandbox following a month-long consultation which saw it receive over 60 comments and suggestions from startups, banks and other stakeholders.

For more on this story visit the following link: Malaysia sets out fintech sandbox framework

Source: Gulf log book

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