BTC $67,630.00 (+0.87%)
ETH $1,963.05 (+1.19%)
XRP $1.42 (+0.86%)
BNB $625.94 (+3.60%)
SOL $84.71 (+3.54%)
TRX $0.29 (+0.45%)
DOGE $0.10 (+2.22%)
BCH $560.06 (+0.17%)
ADA $0.28 (+3.58%)
LEO $8.69 (+0.19%)
HYPE $30.06 (+4.77%)
LINK $8.89 (+4.58%)
CC $0.16 (+1.90%)
XMR $328.54 (-1.64%)
XLM $0.16 (+1.45%)
RAIN $0.01 (-2.20%)
HBAR $0.10 (+2.40%)
ZEC $257.90 (-1.87%)
LTC $54.94 (+4.45%)
AVAX $9.14 (+2.89%)

Malaysia vs Taiwan

Crypto regulation comparison

Malaysia

Malaysia

Taiwan

Taiwan

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.

Taiwan regulates cryptocurrency under FSC guidance. In 2023, the FSC was designated as the primary regulator for virtual assets. VASPs must register and comply with AML regulations. Taiwan has a vibrant crypto community and several compliant exchanges. Crypto income is subject to income tax at progressive rates.

Tax Type None
Tax Type Income
Tax Rate 0%
Tax Rate 5-40%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Regulator FSC (Financial Supervisory Commission)
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Stablecoin Rules Under FSC guidance; stablecoins treated as virtual assets
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
  • FSC designated as primary crypto regulator in 2023
  • VASPs must comply with AML/CFT rules and register with the FSC
  • Self-regulatory guidelines issued for VASP industry (2023-2024)
  • Crypto income taxed at progressive rates (5-40%)
  • Major exchanges include MaiCoin/MAX, BitoEX/BitoPro