BTC $67,017.00 (+1.25%)
ETH $1,940.00 (-0.61%)
XRP $1.41 (-1.67%)
BNB $604.20 (-0.16%)
SOL $81.66 (+0.81%)
TRX $0.28 (+1.52%)
DOGE $0.10 (-1.18%)
BCH $559.08 (+0.61%)
ADA $0.27 (-0.74%)
LEO $8.68 (+1.85%)
HYPE $28.71 (+0.70%)
XMR $334.08 (+0.52%)
LINK $8.50 (-1.38%)
CC $0.16 (-6.41%)
XLM $0.16 (-1.62%)
RAIN $0.01 (+1.91%)
ZEC $261.55 (-4.41%)
HBAR $0.10 (-1.62%)
LTC $52.62 (-1.43%)
AVAX $8.88 (-0.39%)

Lithuania vs Malaysia

Crypto regulation comparison

← Back to map | Lithuania | Malaysia
Lithuania

Lithuania

Malaysia

Malaysia

Legal
Legal

Cryptocurrency is legal and regulated in Lithuania. The Bank of Lithuania oversees VASPs under AML regulations and has been an early mover in crypto regulation within the EU. Lithuania attracted a large number of VASP registrations due to initially favorable conditions, though it tightened requirements significantly in 2022-2023. The MiCA framework now applies.

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 15%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Bank of Lithuania (Lietuvos Bankas)
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
  • VASPs must register with the Bank of Lithuania under AML/CFT law
  • Capital gains from crypto taxed at 15% personal income tax rate
  • Lithuania became a major EU hub for crypto companies; over 500 VASPs registered by 2022
  • Tightened VASP requirements in 2022-2023, including local substance and capital requirements
  • MiCA transition underway 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