BTC $67,830.00 (-0.04%)
ETH $1,962.94 (+0.21%)
XRP $1.43 (+0.74%)
BNB $627.35 (+2.40%)
SOL $84.44 (+1.25%)
TRX $0.28 (+0.41%)
DOGE $0.10 (+0.66%)
BCH $567.27 (+1.01%)
ADA $0.28 (+3.18%)
LEO $8.68 (+0.29%)
HYPE $30.26 (+2.82%)
LINK $8.90 (+2.96%)
XMR $331.06 (-0.65%)
CC $0.16 (+1.71%)
XLM $0.16 (+0.90%)
RAIN $0.01 (-1.43%)
ZEC $261.98 (-1.36%)
HBAR $0.10 (+1.46%)
LTC $55.17 (+3.13%)
AVAX $9.19 (+2.32%)

Malaysia vs Russia

Crypto regulation comparison

← Back to map | Malaysia | Russia
Malaysia

Malaysia

Russia

Russia

Legal
Partially Regulated

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.

Russia's crypto regulation is complex and evolving. The 2021 'On Digital Financial Assets' law recognizes crypto as property but bans its use as a means of payment. Mining was legalized and regulated in 2024 under a new mining law. Crypto is taxed as income at 13-15%. The CBR pushed for a total ban on crypto trading but was overruled by the government, which favors regulation. International sanctions have complicated Russia's crypto landscape.

Tax Type None
Tax Type Income
Tax Rate 0%
Tax Rate 13-15%
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Regulator CBR (Central Bank of Russia), Ministry of Finance
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Stablecoin Rules Crypto payments banned; digital ruble CBDC introduced
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
  • Digital Financial Assets law (2021) recognizes crypto as property but bans use as payment
  • Crypto mining officially legalized and regulated under 2024 mining legislation
  • Crypto income taxed at 13% (up to RUB 5M) or 15% (above RUB 5M)
  • Domestic crypto exchanges not legally operating; P2P trading widespread. CBR framework Dec 2025 targeting July 2026.
  • International sanctions have increased interest in crypto for cross-border transfers
Sources
Sources