Post
Topic
Board Economics
Re: Is Malaysia crypto friendly
by
exstasie
on 02/02/2020, 20:42:02 UTC
Hi there,

I would like to ask if someone here knows or not Malaysia is open to cryptocurrencies related business?

I would classify Malaysia as "crypto friendly." Read here: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory#Malaysia

The central bank issued a statement saying BTC isn't recognized as legal tender. Other than that, there are no regulations restricting cryptocurrency-related businesses.