Greenpro Capital (GRNQ) has received conditional approval from the Labuan Financial Services Authority to establish and operate a next-generation Islamic Digital Bank under the Guidelines on the Establishment of Islamic Digital Bank within the Labuan International Business and Financial Centre framework. This approval positions Greenpro to launch one of the world’s first Shariah-compliant digital banks capable of accepting both fiat and cryptocurrency deposits. The Green Digital Bank will also enable seamless settlement between fiat and crypto assets, creating a fully integrated, ethical financial ecosystem that bridges traditional and digital finance-while remaining aligned with Shariah principles and Labuan’s regulatory framework. The Green Digital Bank will offer a full suite of services including digital deposits, Islamic financing, investment products, and cross-border payment solutions, all delivered through a blockchain-enabled and Shariah-compliant platform. The Bank also aims to be fully compatible with major cryptocurrencies, including USDC and other stablecoins that align with the principles and regulatory standards outlined in the recent U.S. GENIUS Act. This forward-looking approach ensures the Bank can serve both the traditional and digital asset markets while remaining committed to transparency, security, and compliance. Greenpro is currently working to fulfill all final regulatory and operational conditions before launching full operations.
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