BTC $66,541.00 (-1.21%)
ETH $1,940.13 (-2.15%)
XRP $1.40 (-4.35%)
BNB $603.64 (-1.58%)
SOL $81.00 (-2.09%)
TRX $0.28 (+0.01%)
DOGE $0.10 (-2.52%)
BCH $548.48 (-1.23%)
ADA $0.27 (-3.00%)
LEO $8.69 (+2.38%)
HYPE $28.27 (-2.21%)
CC $0.16 (-3.77%)
XMR $328.37 (-2.88%)
LINK $8.50 (-2.91%)
XLM $0.16 (-3.79%)
RAIN $0.01 (-2.00%)
ZEC $261.28 (-7.71%)
HBAR $0.10 (-3.12%)
LTC $52.09 (-3.53%)
AVAX $8.79 (-2.87%)

Cyprus vs Malaysia

Crypto regulation comparison

← Back to map | Cyprus | Malaysia
Cyprus

Cyprus

Malaysia

Malaysia

Legal
Legal

Cyprus regulates crypto under the EU MiCA framework (fully applicable since December 2024). CySEC authorizes crypto-asset service providers (CASPs) while the Central Bank of Cyprus oversees e-money tokens and asset-referenced tokens. Crypto gains from occasional transactions are currently not taxed; active trading is taxed as income at 0-35%. A proposed 8% flat tax on crypto gains is pending parliamentary approval for 2026.

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 0-35% (proposed 8% flat rate from 2026)
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CySEC, Central Bank of Cyprus
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
  • CySEC authorizes and supervises crypto-asset service providers under MiCA
  • No capital gains tax on crypto for occasional transactions; active trading taxed as income
  • EU MiCA regulation applies as an EU member state
  • AML/CFT requirements enforced for all crypto businesses
  • Proposed 8% flat tax on crypto gains pending parliamentary approval for 2026
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