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On 23rd July 2025, Malaysia will take center stage as Southeast Asia’s fintech powerhouse, hosting the highly anticipated Fintech Revolution Summit 2025 at Crowne Plaza Kuala Lumpur City Centre, Malaysia. Malaysia stands at the forefront of Southeast Asia’s digital finance revolution. With a proactive regulatory landscape, a rapidly growing fintech ecosystem, and strong government support, Malaysia is fast becoming a regional hub for digital payments, open banking, blockchain innovation, and financial inclusion. Initiatives like the Financial Sector Blueprint 2022-2026 and Malaysia’s commitment to becoming a digital economy leader make this summit a pivotal gathering for industry stakeholders aiming to capitalize on the nation’s fintech momentum. The Fintech Revolution Summit 2025 is a catalyst for driving collaboration, innovation, and investment, bringing together industry leaders, policymakers, innovators, and investors to shape the future of digital ...

Malaysia is following in the footsteps of BRICS in its efforts to eliminate the U.S. dollar for trade deals. A handful of developing countries are looking to end reliance on the U.S. dollar and promote local currencies for trade. Malaysia ’s Prime Minister Anwar Ibrahim confirmed this week that the country is advancing to eliminate the U.S. dollar financial system. The PM explained that Malaysia will aggressively pursue de-dollarization efforts similar to the motives of the BRICS alliance. Also Read: Iraq Ready To Join BRICS After Banning Cash Withdrawals in US Dollar Ibrahim acknowledged that similar to BRICS, Malaysia is looking to settle cross-border transactions with their local currency Ringgit and not the U.S. dollar. Malaysia has close trade agreements with neighboring countries in Asia like Indonesia, Thailand, and China. Paying the local currency Ringgit for international trade deals is the first step towards reducing dependency on the U.S. dollar. However, ...