BTC $68,522.00 (+1.83%)
ETH $1,990.28 (+1.73%)
XRP $1.45 (+2.83%)
BNB $631.42 (+3.04%)
SOL $86.55 (+3.47%)
TRX $0.29 (+0.11%)
DOGE $0.10 (+1.48%)
BCH $572.13 (+4.97%)
ADA $0.28 (+0.68%)
LEO $8.39 (-3.69%)
HYPE $29.90 (+1.90%)
LINK $8.96 (+3.02%)
CC $0.16 (+1.85%)
XMR $327.05 (-1.66%)
XLM $0.16 (+1.24%)
RAIN $0.01 (+0.63%)
HBAR $0.10 (+1.74%)
ZEC $261.74 (+1.21%)
LTC $55.47 (+1.97%)
AVAX $9.34 (+2.79%)

Malaysia vs Qatar

Crypto regulation comparison

← Back to map | Malaysia | Qatar
Malaysia

Malaysia

Qatar

Qatar

Legal
Restricted

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.

Qatar has a restrictive stance on cryptocurrency. The Qatar Central Bank banned crypto trading and services in 2018, and the QFC Regulatory Authority (QFCRA) prohibits virtual asset services within the Qatar Financial Centre. However, Qatar has shown interest in blockchain technology for non-crypto applications and is exploring a potential CBDC. The Qatar Financial Centre issued a Digital Assets Framework in 2024 focused on tokenized real-world assets, not cryptocurrencies.

Tax Type None
Tax Type None
Tax Rate 0%
Tax Rate 0%
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Regulator QCB (Qatar Central Bank), QFCRA
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Stablecoin Rules Not permitted under current QCB regulations
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
  • QFCRA prohibited authorized firms from providing virtual asset services (2019 alert, reaffirmed 2024)
  • QFCRA prohibits virtual asset services within the Qatar Financial Centre
  • QFC introduced a 2024 Digital Assets Framework for tokenized securities (not crypto)
  • No personal income or capital gains tax in Qatar (but crypto trading is banned)
  • Qatar exploring blockchain and CBDC applications separate from crypto
Sources
Sources