BTC $67,975.00 (+0.41%)
ETH $1,971.60 (+0.61%)
XRP $1.42 (-0.24%)
BNB $620.80 (-0.84%)
SOL $85.09 (+0.90%)
TRX $0.29 (+1.42%)
DOGE $0.10 (-2.51%)
BCH $567.20 (+0.48%)
ADA $0.28 (-2.04%)
LEO $8.24 (-3.01%)
HYPE $29.62 (-2.20%)
LINK $8.85 (-0.16%)
CC $0.16 (-0.03%)
XMR $325.05 (-1.65%)
XLM $0.16 (-3.88%)
RAIN $0.01 (-1.93%)
HBAR $0.10 (-1.07%)
ZEC $255.37 (-2.62%)
LTC $54.48 (-0.90%)
AVAX $9.04 (-1.27%)

Malaysia vs Slovakia

Crypto regulation comparison

← Back to map | Malaysia | Slovakia
Malaysia

Malaysia

Slovakia

Slovakia

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 Slovakia and regulated under EU MiCA framework since December 2024. A 7% reduced tax rate for long-term holdings was passed in 2023 but repealed by the consolidation package before taking effect. Crypto gains are taxed at standard income tax rates of 19-25%. VASPs must be authorized by NBS under MiCA.

Tax Type None
Tax Type Capital gains
Tax Rate 0%
Tax Rate 19-25%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Regulator NBS (Národná banka Slovenska)
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Stablecoin Rules Regulated under EU MiCA framework
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
  • 7% tax rate for long-term holdings was passed in 2023 but repealed before taking effect
  • Crypto gains taxed at 19% (income up to €47,537) or 25% (above threshold)
  • VASPs must register with NBS for AML/CFT compliance
  • MiCA framework applicable since 30 December 2024; NBS grants authorizations
  • MiCA framework applicable from December 2024
Sources
Sources