Cryptocurrency Q&A
Is crypto illegal in Malaysia?
Is crypto illegal in Malaysia?
CryptoVanguard
Wed May 08 2024
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6 answers
1129
Excuse me, I'm a bit confused about the legality of cryptocurrency in Malaysia. Could you please clarify this for me? I've heard conflicting information and I'm not sure what the actual situation is. Is it illegal to buy, sell, or trade cryptocurrencies in Malaysia? Are there any specific regulations or laws that I should be aware of? I'm really interested in investing in crypto but I don't want to run into any legal issues. Could you please provide some clarity on this matter?
6 answers
Valentino
Fri May 10 2024
There are no specific laws banning the exchange of crypto assets or services.
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WhisperEcho
Fri May 10 2024
Cryptocurrency's legality in Malaysia is a complex issue.
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CryptoMercenary
Fri May 10 2024
It is not a legally recognised payment method in the country.
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JejuJoyful
Fri May 10 2024
This does not mean that crypto is illegal in Malaysia.
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Giulia
Thu May 09 2024
However, crypto is not considered legal tender in Malaysia.
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