BTC $67,115.00 (-0.89%)
ETH $1,975.88 (-1.11%)
XRP $1.42 (-3.89%)
BNB $610.96 (-0.90%)
SOL $82.25 (-3.25%)
TRX $0.28 (-0.43%)
DOGE $0.10 (-2.85%)
BCH $559.65 (-0.86%)
ADA $0.28 (-2.34%)
LEO $8.65 (-0.21%)
HYPE $28.70 (-2.34%)
LINK $8.69 (-1.96%)
CC $0.16 (-2.54%)
XMR $327.11 (-3.04%)
XLM $0.16 (-3.36%)
RAIN $0.01 (+1.12%)
ZEC $262.31 (-10.20%)
HBAR $0.10 (-2.89%)
LTC $53.32 (-1.64%)
AVAX $8.90 (-1.69%)

Australia vs Malaysia

Crypto regulation comparison

← Back to map | Australia | Malaysia
Australia

Australia

Malaysia

Malaysia

Legal
Legal

Cryptocurrency is legal and well-regulated in Australia. AUSTRAC oversees AML/CTF compliance for exchanges, ASIC handles consumer protection, and the ATO treats crypto as property for tax purposes. Australia has been developing a comprehensive licensing framework for digital asset platforms.

Cryptocurrency is legal and regulated in Malaysia. The Securities Commission oversees digital asset exchanges (DAX) and initial exchange offerings under the Capital Markets and Services (Prescription of Securities) Order 2019. Only SC-approved exchanges can operate. Malaysia does not impose capital gains tax on crypto for individuals, though frequent trading may be classified as business income.

Tax Type Capital gains
Tax Type None
Tax Rate 0-45%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator ASIC, AUSTRAC, ATO
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Stablecoin Rules Stablecoins to be regulated under proposed payments framework legislation
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Key Points
  • Digital currency exchanges must register with AUSTRAC and comply with AML/CTF Act
  • ATO treats cryptocurrency as a CGT asset; holding for 12+ months qualifies for 50% discount
  • ASIC regulates crypto products that qualify as financial products under the Corporations Act
  • Treasury released a token mapping consultation in 2023 to classify digital assets
  • Proposed licensing regime for digital asset platforms under development
Key Points
  • Digital asset exchanges must be registered and approved by the Securities Commission
  • Only approved tokens can be listed on registered exchanges (e.g., BTC, ETH, XRP on approved list)
  • No capital gains tax for individuals; frequent trading may be treated as business income
  • BNM regulates crypto for AML/CFT purposes under the Anti-Money Laundering Act
  • IEOs must be conducted through SC-approved platforms
Sources
Sources