Crypto Regulations in Malaysia 2025

In Malaysia, buying and owning crypto is legal, but it is not considered legal tender by the federal government. The country does not recognize cryptocurrency as a payment instrument, but rather as a security under the Prescription Order 2019. 

Currently, the Securities Commission Malaysia (SC) is actively developing a framework for digital assets, including public consultation on tokenized capital market products. 

Time of Major Crypto Regulations in Malaysia 

June 30, 2025 – Public Consultation Paper No 3/2025 (“CP 3/25”)

• The Securities…