cryptocurrency malaysia

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Malaysia Launches Special Operation to Crack Down on Crypto Tax Evasion

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Malaysia’s Inland Revenue Board (IRB), in collaboration with the Royal Malaysia Police and Cybersecurity Malaysia (CSM), recently launched a special operation codenamed “Ops Token” to tackle tax revenue losses from cryptocurrency trading. The initiative, involving 38 personnel, was executed across 10 locations in the Klang Valley. This region encompasses the federal territories of Kuala Lumpur … Read more

Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy

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Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value in difficult economic times.” Increased Crypto Trading Volumes and New Users Interest … Read more