BTC $67,831.00 (+1.06%)
ETH $1,957.26 (-1.26%)
XRP $1.42 (-0.48%)
BNB $611.71 (-0.24%)
SOL $83.57 (+1.48%)
TRX $0.28 (+1.15%)
DOGE $0.10 (+0.49%)
BCH $563.21 (+0.23%)
ADA $0.27 (-0.58%)
LEO $8.60 (-0.53%)
HYPE $29.32 (+1.97%)
XMR $333.85 (+1.63%)
LINK $8.63 (-1.03%)
CC $0.16 (-2.39%)
XLM $0.16 (+0.16%)
RAIN $0.01 (+2.99%)
ZEC $264.93 (+0.71%)
HBAR $0.10 (-0.41%)
LTC $53.41 (+0.32%)
AVAX $9.06 (+1.72%)

Malaysia vs Zambia

Crypto regulation comparison

Malaysia

Malaysia

Zambia

Zambia

Legal
No Regulation

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.

Zambia has no comprehensive cryptocurrency legislation. The SEC warns the public about unregulated crypto schemes and evaluates whether specific products qualify as securities. The Bank of Zambia's 2024-2027 Strategic Plan includes developing a crypto and stablecoin regulatory framework. Blockchain-based regulatory testing is underway with the SEC and BoZ.

Tax Type None
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator SC (Securities Commission Malaysia), BNM (Bank Negara Malaysia)
Regulator Bank of Zambia, Securities and Exchange Commission
Stablecoin Rules Digital assets on approved exchanges only; stablecoins not separately regulated
Stablecoin Rules No 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
  • SEC warns public against unregulated cryptocurrency schemes
  • Crypto products regulated only if they meet the definition of a security
  • BoZ 2024-2027 Strategic Plan includes crypto and stablecoin regulatory framework
  • Blockchain-based regulatory testing underway with SEC and BoZ
  • Kwacha is sole legal tender for domestic transactions per 2025 Currency Directives