---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "southeast_asia", "apg", "legal"]
aliases: ["MY", "MYS"]
created: 2026-09-01
updated: 2026-04-02
compile_into: ["[[country--malaysia]]"]
sources:
  - name: "https://www.sc.com.my"
    url: "https://www.sc.com.my"
    type: "official"
  - name: "https://www.bnm.gov.my"
    url: "https://www.bnm.gov.my"
    type: "official"
  - name: "taxsummaries.pwc.com"
    url: "https://taxsummaries.pwc.com/malaysia/individual/income-determination"
    type: "reference"
  - name: "Law Library of Congress: Regulation of Cryptocurrency Around the World (Nov 2021)"
    url: "https://www.loc.gov/item/2021687419/"
    type: "reference"
---

#  Malaysia (MY): Crypto Regulation

> Malaysia has a clear and active regulatory framework for cryptocurrencies, governed primarily by the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019, supplemented by updated guidelines on recognized markets and digital assets. The Securities Commission Malaysia actively updates and enforces regulations to support a secure and compliant digital asset ecosystem.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 37/100 (Moderate Risk) |
| Enforcement Level | High |
| Region | [[domain--asia-pacific|southeast asia]] |
| Currency | [[entity--myr|MYR]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No general capital gains tax for individuals; only gains on real property and real property company shares are taxed (RPGT) |
| Capital Gains (Corporate) | /null |
| VAT on Crypto | No |
| Mining Tax | /null |
| Staking Tax | /null |
| Airdrop Tax | /null |

The regulatory page does not specify detailed tax treatment for cryptocurrencies, but VAT does not apply to crypto transactions.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--sc|SC]] / BNM |
| Framework | Capital Markets and Services Act 2007 and related Digital Currency Orders |
| Ease | medium |
| Cost | ~USD 1,050,000 minimum paid-up capital for RMO-DAX (RM 5,000,000); ~USD 105,000 minimum for DAC (RM 500,000). Application/processing fees under Capital Markets and Services (Fees) Regulations 2025 (effective 1 January 2026). |
| Timeline | 6-12 months |

Licensing is required for digital asset exchanges and recognized markets under the Securities Commission Malaysia's regulatory framework, with recent guideline revisions enhancing clarity and compliance requirements.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |

## DeFi

**Status:** regulated

DeFi activities fall under the regulatory scope of the Securities Commission Malaysia, requiring compliance with existing digital asset and securities laws.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the digital asset framework, requiring issuers and platforms to comply with Securities Commission Malaysia guidelines.

## NFTs

**Status:** unregulated

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.063/kWh |
| Renewable Energy | 20% |
| Climate | tropical |
| Infrastructure | good |

Mining is legal with moderate electricity costs and a tropical climate that may increase cooling costs. Infrastructure for data centers and internet is rated good, supporting mining operations.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 48/100 |
| Ease of Business | moderate |
| Internet Freedom | partly_free |
| Banking Access | moderate |
| Sanctions Programs Active | No |

## Enforcement

No detailed enforcement information available

## CBDC

| Field | Value |
|-------|-------|
| Status | research |
| Name | E-ringgit |
| Authority | Bank Negara Malaysia |
| Type | retail |

## FAQ

### Is cryptocurrency legal in Malaysia?

Malaysia has a clear and active regulatory framework for cryptocurrencies, governed primarily by the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019, supplemented by updated guidelines on recognized markets and digital assets. The Securities Commission Malaysia actively updates and enforces regulations to support a secure and compliant digital asset ecosystem.

### What is the FATF status of Malaysia?

Malaysia is classified by FATF as: compliant.

### Are VASPs licensed in Malaysia?

Yes, licensing is required for VASPs.

### What is the AML/KYC regime in Malaysia?

KYC is mandatory for crypto businesses. Travel rule threshold: all transactions (no de minimis).

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-09-01.*

**Sources:**
- [https://www.sc.com.my](https://www.sc.com.my)
- [https://www.bnm.gov.my](https://www.bnm.gov.my)
- [taxsummaries.pwc.com](https://taxsummaries.pwc.com/malaysia/individual/income-determination)
- [Law Library of Congress: Regulation of Cryptocurrency Around the World (Nov 2021)](https://www.loc.gov/item/2021687419/)