GreenPro Capital Corp. $(GRNQ)$ has received conditional approval from the Labuan Financial Services Authority to establish and operate a pioneering Islamic Digital Bank. This bank, set to function under the Labuan International Business and Financial Centre framework, marks a significant advancement in digital finance by offering Shariah-compliant banking services with both fiat and cryptocurrency interoperability. The approval allows GreenPro to launch one of the world's first digital banks capable of handling both fiat and crypto deposits, aiming to deliver inclusive and secure financial services across ASEAN and beyond. This initiative aligns with Malaysia's goals in Islamic finance and fintech innovation, and supports GreenPro's long-term strategy of building a digital asset reserve.
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