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ETH $1,939.86 (-0.02%)
XRP $1.41 (-1.21%)
BNB $605.00 (+0.04%)
SOL $82.02 (+1.04%)
TRX $0.28 (+2.21%)
DOGE $0.10 (-1.07%)
BCH $557.51 (+0.83%)
ADA $0.27 (-0.64%)
LEO $8.68 (+1.84%)
HYPE $28.73 (-0.12%)
XMR $335.55 (+1.67%)
LINK $8.50 (-0.68%)
CC $0.16 (-6.39%)
XLM $0.16 (-1.43%)
RAIN $0.01 (+1.99%)
ZEC $263.11 (-3.38%)
HBAR $0.10 (-1.65%)
LTC $52.55 (-1.29%)
AVAX $8.88 (+0.12%)

Malta vs Malaysia

Crypto regulation comparison

← Back to map | Malta | Malaysia
Malta

Malta

Malaysia

Malaysia

Legal
Legal

Malta positioned itself as the 'Blockchain Island' with the 2018 Virtual Financial Assets (VFA) Act, one of the world's first comprehensive crypto regulatory frameworks. The MFSA licenses VFA service providers and oversees ICOs. Long-term crypto holdings are generally not subject to capital gains tax for individuals, while trading profits may be taxed as income.

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 0-35%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator MFSA (Malta Financial Services Authority)
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Stablecoin Rules Regulated under MFSA VFA framework and EU MiCA
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Key Points
  • Virtual Financial Assets Act (2018) provides a comprehensive licensing framework
  • MFSA licenses VFA exchanges, brokers, custodians, and portfolio managers
  • Long-term crypto holdings generally not subject to capital gains tax for individuals
  • Day trading profits may be taxed as business income at progressive rates up to 35%
  • Transitioning to EU MiCA framework 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