BTC $67,630.00 (-1.14%)
ETH $1,952.42 (-1.86%)
XRP $1.40 (-4.09%)
BNB $619.57 (-2.24%)
SOL $83.82 (-2.87%)
TRX $0.29 (+1.06%)
DOGE $0.10 (-4.61%)
BCH $569.58 (-0.56%)
ADA $0.27 (-4.14%)
LEO $8.17 (-4.86%)
HYPE $29.25 (-2.87%)
LINK $8.72 (-3.02%)
CC $0.16 (-2.21%)
XMR $321.36 (-2.02%)
XLM $0.15 (-5.87%)
RAIN $0.01 (-1.01%)
HBAR $0.10 (-3.76%)
ZEC $247.82 (-5.36%)
LTC $53.28 (-3.85%)
AVAX $8.88 (-5.68%)

Malaysia vs Vietnam

Crypto regulation comparison

← Back to map | Malaysia | Vietnam
Malaysia

Malaysia

Vietnam

Vietnam

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.

Vietnam passed the Law on Digital Technology Industry in June 2025 (effective January 2026), officially recognizing crypto as legal virtual assets. However, the SBV still bans crypto as a payment method. The law requires AML/cybersecurity compliance for all crypto activities. Vietnam consistently ranks among the top globally in crypto adoption. Ministry of Finance to issue detailed guidance before 2026.

Tax Type None
Tax Type Income
Tax Rate 0%
Tax Rate Up to 25% (corporate); individual unclear
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Regulator SBV (State Bank of Vietnam), MOF (Ministry of Finance), MIC (Ministry of Information)
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Stablecoin Rules Crypto recognized as virtual assets under Law on Digital Technology Industry; payment use still banned
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 Technology Industry (June 2025) recognizes crypto as legal virtual assets
  • SBV still bans crypto as payment method; not recognized as legal tender
  • Vietnam ranks #1 globally in crypto adoption (Chainalysis 2023 index)
  • AML and cybersecurity compliance required for all crypto trading activities
  • Ministry of Finance to issue detailed crypto regulatory guidance before January 2026
Sources
Sources