BTC $66,607.00 (-1.33%)
ETH $1,951.67 (-1.39%)
XRP $1.41 (-3.70%)
BNB $605.31 (-1.64%)
SOL $81.08 (-2.48%)
TRX $0.28 (+0.18%)
DOGE $0.10 (-2.42%)
BCH $546.22 (-2.58%)
ADA $0.27 (-3.44%)
LEO $8.66 (+2.36%)
HYPE $28.31 (-2.67%)
XMR $331.87 (-2.80%)
CC $0.16 (-3.34%)
LINK $8.58 (-1.99%)
XLM $0.16 (-3.89%)
RAIN $0.01 (-2.04%)
ZEC $259.76 (-8.70%)
HBAR $0.10 (-3.64%)
LTC $52.48 (-2.78%)
AVAX $8.80 (-2.63%)

Colombia vs Malaysia

Crypto regulation comparison

← Back to map | Colombia | Malaysia
Colombia

Colombia

Malaysia

Malaysia

Legal
Legal

Cryptocurrency is legal in Colombia but not recognized as legal tender or currency. The SFC has run regulatory sandbox programs for crypto-financial services, and exchanges operate under general business registration. Colombia has high crypto adoption, particularly for remittances and as an inflation hedge.

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 0-39%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator SFC (Superintendencia Financiera de Colombia), DIAN
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Stablecoin Rules No specific stablecoin regulations yet
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Key Points
  • Crypto is legal but not recognized as currency or legal tender
  • SFC operates regulatory sandboxes allowing banks to partner with crypto exchanges
  • DIAN (tax authority) requires reporting and taxation of crypto gains as part of general income
  • Colombia ranks among the top 20 countries globally in crypto adoption
  • No comprehensive crypto-specific legislation yet; regulation evolving
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