Malaysian Prime Minister Discusses Crypto Frameworks During UAE Visit

February 24, 2025 Bitcoin.com

Bahrain

Malaysian Prime Minister Anwar Ibrahim announced that Malaysia and Bahrain are deepening economic ties, focusing on cryptocurrency, the Sandbox platform, tourism, connectivity, and manufacturing. Bahrain also pledged support for upcoming Asean-GCC summits. Anwar’s visit, at the invitation of Bahrain’s Crown Prince, aims to strengthen bilateral cooperation and benefit both nations’ economies. In early January 2025, […]

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Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

January 17, 2025 Bitcoin.com

bitcoin.com

Malaysia’s prime minister, after discussions with Binance’s CZ, is urging swift action on blockchain regulations and collaborations to modernize the nation’s financial systems. Malaysia Won’t Be Left Behind: PM Anwar Discusses Crypto and Blockchain With Binance’s CZ Malaysian Prime Minister Datuk Seri Anwar Ibrahim has unveiled his country’s intention to adopt a progressive stance on […]

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Malaysia Cracks Down on Unregistered Crypto Exchanges: Bybit Ordered to Halt Operations

December 31, 2024 Bitcoin.com

bitcoin.com

Malaysia has ordered Bybit to halt its crypto exchange operations in the country, as regulators crack down on unregistered platforms. Bybit Faces Enforcement in Malaysia Over Unregistered Crypto Exchange Operations The Securities Commission Malaysia (SC) announced on Dec. 27 that it has taken enforcement measures against Bybit Technology Ltd. and its CEO, Ben Zhou, citing […]

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Worldcoin Launches in Guatemala, Poland and Malaysia Introducing Face Auth

September 28, 2024 Bitcoin.com

Worldcoin has expanded its orb verifications to Guatemala, Poland, and Malaysia amidst a wave of concerns regarding the dangers of artificial intelligence and the difficulty of identifying bots and humans online. The organization also debuted a new tech called Face Auth, which allows apps to check if the previously registered person is the one using […]

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7 Arrested in Illegal Bitcoin Mining Crackdown in Malaysia

August 21, 2024 Bitcoin.com

Bitcoin mining

Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked to electricity theft. The suspects, aged between 30 and 74, included three local men […]

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Man Sentenced to Prison After Spending Most of $6,900,000+ Mistakenly Sent by Major Crypto Exchange: Report

August 15, 2024 The Daily Hodl

Man Sentenced to Prison After Spending Most of ,900,000+ Mistakenly Sent by Major Crypto Exchange: Report

Australia

A 39-year-old cryptocurrency enthusiast who splurged millions worth of erroneously transferred funds will reportedly spend three years in prison after pleading guilty in a court in Australia. Local news site News.com.au reports that in 2021, Jatinder Singh tried to deposit around $65 into his Crypto.com portfolio using his then-partner Thevamanogari Manivel’s Commonwealth Bank account. The […]

The post Man Sentenced to Prison After Spending Most of $6,900,000+ Mistakenly Sent by Major Crypto Exchange: Report appeared first on The Daily Hodl.

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Malaysian Police Hunt 4 Suspects in Kidnapping Case Involving $1.2M Crypto Ransom

August 13, 2024 Bitcoin.com

Malaysian Police Hunt 4 Suspects in Kidnapping Case Involving .2M Crypto Ransom

bitcoin.com

Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while 14 others involved have been apprehended […]

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Judge Urged to Jail Man Who Spent $10M Mistakenly Sent by Crypto.com

August 3, 2024 Bitcoin.com

Judge Urged to Jail Man Who Spent M Mistakenly Sent by Crypto.com

bitcoin.com

Prosecutors are urging a judge to imprison Jatinder Singh, who spent millions of dollars accidentally refunded by Crypto.com. The issue began when Singh attempted to deposit $100 into his Crypto.com account in May 2021. Due to a discrepancy between account names, the transaction was rejected, but an error by a Bulgarian employee led to a […]

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Malaysia Launches Special Operation to Crack Down on Crypto Tax Evasion

June 16, 2024 Bitcoin.com

bitcoin.com

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 […]

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How to buy Bitcoin in Malaysia

April 30, 2024 Coin Telegraph

Buy Bitcoin

Learn how to safely purchase Bitcoin in Malaysia, exploring legal regulations, various purchasing methods and essential considerations for security and accessibility.

Bitcoin (BTC) is the world’s first decentralized cryptocurrency. It’s an asset that transcends borders, allowing its users to buy and trade internationally without restrictions. Despite this accessibility, users in different countries may have to acquire Bitcoin in different ways due to their government’s stance toward the leading digital currency.

Fortunately for Malaysian crypto traders, it is legal to buy Bitcoin in Malaysia. Malaysian Bitcoin regulations allow regulated exchanges, Bitcoin ATMs and more to operate in the country. For those curious about buying Bitcoin with Malaysian ringgits, this article serves as a step-by-step guide to buying Bitcoin in Malaysia.

First, here is a quick look at the laws regarding cryptocurrency in Malaysia.

Malaysia

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