BTC $68,479.00 (+1.29%)
ETH $1,989.41 (+1.14%)
XRP $1.44 (+1.15%)
BNB $627.86 (+0.68%)
SOL $86.24 (+2.13%)
TRX $0.29 (+0.73%)
DOGE $0.10 (-1.74%)
BCH $563.29 (+0.15%)
ADA $0.28 (-0.73%)
LEO $8.34 (-3.99%)
HYPE $29.95 (+0.91%)
LINK $8.96 (+1.17%)
XMR $330.25 (-0.77%)
CC $0.16 (-1.43%)
XLM $0.16 (-0.43%)
RAIN $0.01 (-0.99%)
HBAR $0.10 (+0.29%)
ZEC $259.74 (+0.75%)
LTC $55.40 (+0.50%)
AVAX $9.28 (+1.52%)

Belgium vs Malaysia

Crypto regulation comparison

← Back to map | Belgium | Malaysia
Belgium

Belgium

Malaysia

Malaysia

Legal
Legal

Cryptocurrency is legal in Belgium and regulated under the EU's MiCA framework. Tax treatment depends on whether gains are considered normal management of private assets (tax-free), speculative (33% misc income), or professional income (progressive rates). The FSMA has banned distribution of crypto derivatives to consumers.

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 Varies
Tax Type None
Tax Rate 0-33%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator FSMA (Financial Services and Markets Authority)
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Key Points
  • Tax treatment depends on classification: normal portfolio management (0%), speculation (33%), or professional (up to 50%)
  • FSMA banned advertising of crypto derivatives and certain crypto products to consumers in 2022
  • VASPs must register with FSMA and comply with AML/KYC requirements
  • MiCA regulation fully applicable from December 2024
  • Belgium has a relatively active crypto community and blockchain ecosystem
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