Vavada Banner
BTC $68,674.00 (-0.72%)
ETH $2,109.16 (-1.05%)
BNB $599.22 (-0.61%)
XRP $1.32 (-1.64%)
SOL $79.77 (-3.29%)
TRX $0.32 (-0.61%)
DOGE $0.09 (-2.60%)
LEO $10.12 (+0.17%)
ADA $0.25 (-4.67%)
BCH $433.03 (-0.17%)
HYPE $36.33 (-1.40%)
LINK $8.78 (-2.46%)
XMR $325.39 (-1.42%)
CC $0.15 (+5.66%)
XLM $0.16 (-3.94%)
M $2.73 (+0.09%)
ZEC $252.24 (-0.58%)
LTC $53.54 (-1.44%)
HBAR $0.09 (-2.26%)
AVAX $8.67 (-9.65%)

Malaysia vs Serbia

Crypto regulation comparison

← Back to map | Malaysia | Serbia
Malaysia

Malaysia

Serbia

Serbia

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.

Serbia's Law on Digital Assets, enacted in December 2020 and effective June 2021, created one of the first comprehensive crypto regulatory frameworks in the Western Balkans. The NBS oversees virtual currencies while the Securities Commission handles digital tokens. Service providers must obtain licenses and comply with AML/KYC requirements. Capital gains taxed at 15%.

Tax Type None
Tax Type Capital gains
Tax Rate 0%
Tax Rate 15%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Regulator National Bank of Serbia (NBS), Securities Commission
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Stablecoin Rules No specific stablecoin regulation
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
  • Law on Digital Assets enacted December 2020, effective June 2021
  • NBS regulates virtual currencies; Securities Commission regulates digital tokens
  • Capital gains on crypto taxed at 15%
  • Service providers must obtain licenses and maintain physical offices in Serbia
  • Transfer/conversion of digital assets exempt from VAT
Sources
Sources
OKX Banner