BTC $66,083.00 (-1.96%)
ETH $1,917.56 (-3.31%)
XRP $1.39 (-5.34%)
BNB $598.37 (-2.74%)
SOL $80.16 (-3.17%)
TRX $0.28 (-0.22%)
DOGE $0.10 (-3.85%)
BCH $546.57 (-1.75%)
ADA $0.27 (-4.63%)
LEO $8.69 (+2.34%)
HYPE $28.25 (-3.38%)
XMR $328.58 (-3.76%)
CC $0.16 (-4.38%)
LINK $8.41 (-4.04%)
XLM $0.16 (-5.28%)
RAIN $0.01 (-3.00%)
ZEC $259.11 (-8.51%)
HBAR $0.10 (-4.11%)
LTC $51.60 (-5.06%)
AVAX $8.81 (-2.87%)

Italy vs Malaysia

Crypto regulation comparison

← Back to map | Italy | Malaysia
Italy

Italy

Malaysia

Malaysia

Legal
Legal

Cryptocurrency is legal in Italy with a 26% capital gains tax on crypto profits exceeding €2,000 per year. VASPs must register with the OAM (Agents and Mediators Register). Italy was one of the first EU countries to require VASP registration and has aligned with MiCA.

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 26%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator OAM (Organismo Agenti e Mediatori), Consob, Banca d'Italia
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
  • 26% substitute tax on crypto capital gains exceeding €2,000 per year (since 2023 budget law)
  • Italian government proposed raising crypto tax to 42% for 2025 but this was reduced back to 26%
  • VASPs must register with OAM and comply with AML requirements
  • Crypto holdings above €51,645.69 were previously the threshold; new regime simplified this
  • MiCA framework applicable from December 2024
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