Tokenization & crypto licensing in Malaysia
4 official registers read, 125 entries from Bank Negara Malaysia, Securities Commission Malaysia. 3 instruments from here are in our catalogue.
Buying crypto in Malaysia: what to know
Legal- Securities Commission Malaysia (SC) — Registers digital asset exchanges (DAX) as Recognized Market Operators
- Bank Negara Malaysia — Central bank; crypto is not legal tender
- Inland Revenue Board (LHDN) — Taxation
Individuals pay no tax on crypto gains that are capital in nature; if your activity looks like trading (badges of trade), profits are taxed as income at progressive rates.
Gains: 0% for investment (capital) gains; trading profits taxed as income at progressive rates
- Only SC-registered DAX operators may operate exchanges in Malaysia; check the SC list and Investor Alert List.
- Whether gains are taxable depends on whether the activity is business-like.
- The revised SC guidelines are reported to bar privacy tokens on registered exchanges (not confirmed in the SC release).
Checked 2026-10-29 · Confidence: medium · Sources: [1][2][3]
Not confirmed: Privacy-token ban and custody details of the 2026 amendments · LHDN guideline not opened on hasil.gov.my · LHDN audit activity against crypto traders (removed)
Compiled to the best of our knowledge from the sources linked. Information, not tax or legal advice. Rules change — check the linked official sources before acting.
Found an error or something out of date? Tell us at [email protected] — we check and correct it.
Who offers tokenization and crypto services in Malaysia
Crypto-asset service providers (VASPs/CASPs) in Malaysia are registered with the Securities Commission Malaysia (SC). Its register „Registered Recognized Market Operators — Digital Asset Exchanges, and exchanges not permitted to operate“ lists 88 companies (read 2026-10-14). The conditions for registering are set by the authority — its own list is the source.
- HATA Digital Sdn Bhd
- Luno Malaysia Sdn. Bhd.
- MX Global Sdn Bhd
- SINEGY DAX Sdn Bhd
- Kinetic DAX Sdn Bhd
- AES Signatum Berhad
- Arbor Digital Sdn. Bhd.
- B4U EXC (M) Sdn. Bhd.
- Belfrics Malaysia Sdn. Bhd.
- BitPoint Management Sdn. Bhd.
- BLOKMY Sdn. Bhd.
- Chako Global Sdn. Bhd.
- Ezytronic Sdn. Bhd. (World Cloud Ventures Sdn. Bhd.)
- Finx Capital Sdn. Bhd.
- GetCoinApp Sdn. Bhd.
- + 73 more in the register below
Crypto-asset service providers (VASPs/CASPs) in Malaysia are registered with the Securities Commission Malaysia (SC). Its register „List of Regulated Digital Asset Players (DAX, IEO, custodians) and tradeable digital assets“ lists 10 companies (read 2026-10-14). The conditions for registering are set by the authority — its own list is the source.
- HATA Digital Sdn Bhd
- Luno Malaysia Sdn Bhd
- MX Global Sdn Bhd
- SINEGY DAX Sdn Bhd
- Kinetic DAX Sdn Bhd
- Kapital DX Sdn Bhd
- Pitch Platforms Sdn Bhd
- CoKeeps Sdn Bhd
- Gambit Custody Sdn Bhd
- Jada Platform Sdn Bhd
Where are crypto companies and VASPs registered in Malaysia?
With the Securities Commission Malaysia (SC). Its register “Registered Recognized Market Operators — Digital Asset Exchanges, and exchanges not permitted to operate” lists 88 companies (read 2026-10-14), for example HATA Digital Sdn Bhd, Luno Malaysia Sdn. Bhd., MX Global Sdn Bhd, SINEGY DAX Sdn Bhd. The requirements for registering are set by the authority; its own list is the source: https://www.sc.com.my/regulation/guidelines/recognizedmarkets/list-of-registered-digital-asset-exchanges
What the authorities publish — and what we read
Status: Public register, read. Every address below was loaded, not guessed. A register entry records that an authority licensed, registered or approved something; it says nothing about whether you may or should buy it.
| Authority | Register | Finding |
|---|---|---|
| Securities Commission (SC) | List of registered Digital Asset Exchanges (RMO) | Public register, read |
| SC | List of Regulated Digital Asset Players (DAX/IEO/DAC) + handelbare Assets | Public register, read |
| SC | Regulatory Sandbox, erste Kohorte | Public register, read about 6 entries |
| Bank Negara Malaysia | Digital Asset Innovation Hub (DAIH) | Public register, read |
Digital Asset Innovation Hub — initiatives and Industry Working Group on tokenisation
Sandbox participants · 21 entriesBank Negara Malaysia (BNM) · source · read 2026-10-14
| Register no. | Name |
|---|---|
| Standard Chartered Bank Malaysia Berhad and Capital A Berhad | Standard Chartered Bank Malaysia Berhad and Capital A Berhad |
| Malayan Banking Berhad (Maybank) | Malayan Banking Berhad (Maybank) |
| CIMB Group Holdings Berhad (CIMB) | CIMB Group Holdings Berhad (CIMB) |
| AmBank (M) Berhad | AmBank (M) Berhad |
| CIMB Bank Berhad | CIMB Bank Berhad |
| Hong Leong Bank Berhad | Hong Leong Bank Berhad |
| Kenanga Investment Bank Berhad | Kenanga Investment Bank Berhad |
| Malayan Banking Berhad | Malayan Banking Berhad |
| MIDF Amanah Investment Bank Berhad | MIDF Amanah Investment Bank Berhad |
| RHB Investment Bank Berhad | RHB Investment Bank Berhad |
| Standard Chartered Bank Malaysia Berhad | Standard Chartered Bank Malaysia Berhad |
| AEON Bank (M) Berhad | AEON Bank (M) Berhad |
| Al Rajhi Banking and Investment Corporation (M) Berhad | Al Rajhi Banking and Investment Corporation (M) Berhad |
| Bank Islam Malaysia Berhad | Bank Islam Malaysia Berhad |
| Bank Pertanian Malaysia Berhad (Agrobank) | Bank Pertanian Malaysia Berhad (Agrobank) |
| China Construction Bank (M) Berhad | China Construction Bank (M) Berhad |
| HSBC Bank Malaysia Berhad | HSBC Bank Malaysia Berhad |
| J.P. Morgan Chase Bank Berhad | J.P. Morgan Chase Bank Berhad |
| OCBC Bank (M) Berhad | OCBC Bank (M) Berhad |
| Public Bank Berhad | Public Bank Berhad |
| United Overseas Bank (M) Berhad | United Overseas Bank (M) Berhad |
Registered Recognized Market Operators — Digital Asset Exchanges, and exchanges not permitted to operate
Licensed or registered providers · 88 entriesSecurities Commission Malaysia (SC) · source · read 2026-10-14
| Register no. | Name |
|---|---|
| 1 | HATA Digital Sdn Bhd |
| 2 | Luno Malaysia Sdn. Bhd. |
| 3 | MX Global Sdn Bhd |
| 4 | SINEGY DAX Sdn Bhd |
| 5 | Kinetic DAX Sdn Bhd |
| 1 | AES Signatum Berhad |
| 2 | Arbor Digital Sdn. Bhd. |
| 3 | B4U EXC (M) Sdn. Bhd. |
| 4 | Belfrics Malaysia Sdn. Bhd. |
| 5 | BitPoint Management Sdn. Bhd. |
| 6 | BLOKMY Sdn. Bhd. |
| 7 | Chako Global Sdn. Bhd. |
| 8 | Ezytronic Sdn. Bhd. (World Cloud Ventures Sdn. Bhd.) |
| 9 | Finx Capital Sdn. Bhd. |
| 10 | GetCoinApp Sdn. Bhd. |
| 11 | Giga Ex Sdn. Bhd. |
| 12 | MCP International Sdn. Bhd. |
| 13 | MX Global Sdn. Bhd. |
| 14 | Pinkexc (M) Sdn. Bhd. |
| 15 | MBAEX Online Pte Limited (Tezatech Sdn. Bhd.) |
| 16 | UDAX International Sdn. Bhd. |
| 17 | Upbit Malaysia Sdn. Bhd. |
| 18 | Vardiz Commerce Sdn. Bhd. |
| 19 | Xbit Asia Sdn. Bhd. |
| 1 | BCMY (M) Sdn. Bhd. |
| 2 | Big X Blockchain (M) Sdn. Bhd. |
| 3 | Bit Bunks Sdn. Bhd. |
| 4 | Blockchain Street Sdn. Bhd. |
| 5 | BXM Sdn. Bhd. |
| 6 | Coinceo Sdn. Bhd. |
| 7 | Coinut Sdn. Bhd. |
| 8 | CSL Block Chain Technology Sdn. Bhd. |
| 9 | Digital Fintech Sdn. Bhd. |
| 10 | Everus Technologies Sdn. Bhd. |
| 11 | Globa Capital Berhad |
| 12 | Hartatek Resources Sdn. Bhd |
| 13 | Jonvi Marketing Sdn. Bhd. |
| 14 | Numex Sdn. Bhd. |
| 15 | OpenBit Sdn. Bhd. |
| 16 | OurCoin BlockChain Technology Sdn. Bhd |
| 17 | Quest Mining Technologies Sdn. Bhd. |
| 18 | Rocket Integration Technology Sdn. Bhd. |
| 19 | Tide Digital Sdn. Bhd. |
| 20 | UNQEX Sdn. Bhd. |
| 21 | VH Technologies Sdn. Bhd. |
| 1 | AES Signatum Berhad |
| 2 | Arbor Digital Sdn. Bhd. |
| 3 | B4U EXC (M) Sdn. Bhd. |
| 4 | BCMY (M) Sdn. Bhd. |
| 5 | Belfrics Malaysia Sdn. Bhd. |
| 6 | Big X Blockchain (M) Sdn.Bhd. |
| 7 | Bit Bunks Sdn. Bhd. |
| 8 | Bitpoint Malaysia Sdn. Bhd. |
| 9 | Blockchain Street Sdn. Bhd. |
| 10 | BLOKMY Sdn. Bhd. |
| 11 | BXM Sdn. Bhd. |
| 12 | Chako Global Sdn. Bhd. |
| 13 | Coinceo Sdn. Bhd. |
| 14 | Coinut Sdn. Bhd. |
| 15 | CSL Block Chain Technology Sdn. Bhd. |
Showing 60 of 88. The full list is in the register itself (link above).
List of Regulated Digital Asset Players (DAX, IEO, custodians) and tradeable digital assets
Licensed or registered providers · 10 entriesSecurities Commission Malaysia (SC) · source · read 2026-10-14
| Register no. | Name | Category |
|---|---|---|
| HATA Digital Sdn Bhd | HATA Digital Sdn Bhd | Digital Asset Exchange (DAX) Operators |
| Luno Malaysia Sdn Bhd | Luno Malaysia Sdn Bhd | Digital Asset Exchange (DAX) Operators |
| MX Global Sdn Bhd | MX Global Sdn Bhd | Digital Asset Exchange (DAX) Operators |
| SINEGY DAX Sdn Bhd | SINEGY DAX Sdn Bhd | Digital Asset Exchange (DAX) Operators |
| Kinetic DAX Sdn Bhd | Kinetic DAX Sdn Bhd | Digital Asset Exchange (DAX) Operators |
| Kapital DX Sdn Bhd | Kapital DX Sdn Bhd | Initial Exchange Offering (IEO) Operators |
| Pitch Platforms Sdn Bhd | Pitch Platforms Sdn Bhd | Initial Exchange Offering (IEO) Operators |
| CoKeeps Sdn Bhd | CoKeeps Sdn Bhd | Digital Asset Custodians (DAC) |
| Gambit Custody Sdn Bhd | Gambit Custody Sdn Bhd | Digital Asset Custodians (DAC) |
| Jada Platform Sdn Bhd | Jada Platform Sdn Bhd | Digital Asset Custodians (DAC) |
Regulatory Sandbox — first cohort (media release, 26 November 2025)
Sandbox participants · 6 entriesSecurities Commission Malaysia (SC) · source · read 2026-10-14
| Register no. | Name |
|---|---|
| Wahed X Sdn Bhd | Wahed X Sdn Bhd |
| Urban NX Sdn Bhd | Urban NX Sdn Bhd |
| Kapital DX Sdn Bhd | Kapital DX Sdn Bhd |
| Pitch Platforms Sdn Bhd | Pitch Platforms Sdn Bhd |
| Virtual Economy Technology Sdn Bhd | Virtual Economy Technology Sdn Bhd |
| PeerHive (M) Sdn Bhd | PeerHive (M) Sdn Bhd |
In our catalogue: 3 instruments from Malaysia
3 live.