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HYPE $29.90 (+2.08%)
LINK $8.92 (+3.79%)
CC $0.16 (+2.12%)
XMR $327.66 (-1.05%)
XLM $0.16 (+1.97%)
RAIN $0.01 (-0.13%)
HBAR $0.10 (+1.72%)
ZEC $258.34 (+0.37%)
LTC $55.13 (+3.05%)
AVAX $9.28 (+2.15%)

Malaysia vs Norway

Crypto regulation comparison

← Back to map | Malaysia | Norway
Malaysia

Malaysia

Norway

Norway

Legal
Legal

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.

Cryptocurrency is legal in Norway and regulated by Finanstilsynet. Norway taxes crypto capital gains at 22% and includes crypto holdings in the annual wealth tax calculation (net wealth above NOK 1.7M taxed at ~1.1%). VASPs must register with Finanstilsynet. Norway is an EEA member and aligning with MiCA through the EEA agreement.

Tax Type None
Tax Type Wealth and capital gains
Tax Rate 0%
Tax Rate 22% (gains) + 1.1% (wealth)
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Regulator Finanstilsynet (Financial Supervisory Authority)
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Stablecoin Rules No specific stablecoin regulation; general financial rules apply
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
Key Points
  • Crypto capital gains taxed at 22% flat rate
  • Crypto included in wealth tax base (~1.1% on net wealth above threshold)
  • VASPs must register with Finanstilsynet and comply with AML/CFT requirements
  • Norway is a major crypto mining hub due to cheap hydroelectric power
  • EEA member; MiCA implementation expected through EEA Agreement adaptation
Sources
Sources