Malaysia

Malaysia has a clear regulatory framework for digital assets under the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019, regulated by the Securities Commission Malaysia (SC). The country supports innovation through initiatives like regulatory sandboxes and public consultations on tokenisation frameworks.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regionsoutheast asia
CurrencyMYR

Tax Information

Capital Gains (Personal)0% (no capital gains tax on crypto for individuals)
Capital Gains (Corporate)24% corporate tax (may apply if crypto is trading stock)
VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorSC / BNM
FrameworkCapital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019
Easemedium
Cost (USD)$100,000 - $500,000 (RM 500,000 - RM 2,000,000 minimum capital)

Licensing is regulated by the Securities Commission Malaysia with specific licenses for digital asset service providers. The process is structured but requires compliance with AML and capital market regulations.

Enforcement Activity

Level: High

No detailed enforcement information available

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities fall under the regulatory scope of the Securities Commission Malaysia, requiring compliance with existing capital market laws and AML regulations.

Stablecoins

Status: regulated

Stablecoins are regulated under the digital asset framework and must comply with securities laws and AML requirements.

NFTs

Status: unregulated

Mining

LegalYes
Electricity Cost$0.063/kWh
Renewable Energy20%
Infrastructuregood

Mining is legal with moderate electricity costs and a growing renewable energy share. Infrastructure supports data centers and mining operations, especially in urban areas.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index47/100
Banking Accessopen

Risk Factors

Malaysia maintains a stable political environment with open banking access for crypto businesses. It is not under international sanctions and has moderate corruption levels.

Sources

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Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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