GreenPro Set to Launch Green Digital Bank Enabling Fiat-Crypto Settlement

KUALA LUMPUR, MY / ACCESS Newswire / June 24, 2025 / Greenpro Capital Corp. (NASDAQ:GRNQ) is pleased to announce that it has received conditional approval from the Labuan Financial Services Authority (Labuan FSA) to establish and operate a next-generation Islamic Digital Bank under the Guidelines on the Establishment of Islamic Digital Bank (i-BOX) within the Labuan International Business and Financial Centre (Labuan IBFC) framework.

This groundbreaking 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.

"This is a major milestone not just for Greenpro, but for the evolution of Digital finance," said Dr. CK Lee, CEO of Greenpro Capital Corp. "By combining Shariah-compliant banking with fiat-crypto interoperability, we aim to deliver inclusive, secure, and future-ready financial services to the underserved across ASEAN and beyond. As part of our long-term strategy, we also intend to build a digital asset reserve, backed by profits derived from our Green Digital Bank operations. With this approval, we are proud to say that this Green Digital Bank completes the new finance ecosystem of Greenpro Capital-an ecosystem rooted in innovation, inclusion, and long-term value creation."

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 ("Guiding and Establishing National Innovation for U.S. Stablecoins of 2025"). This forward-looking approach ensures the Bank can serve both the traditional and digital asset markets while remaining committed to transparency, security, and compliance.