The Regulatory Framework of Digital Currencies in Malaysia: A Conceptual Paper
Table 1:
Developed Countries | Region | Legal | Banned | Unregulated / not illegal | Taxable Asset | |
1 | Australia | Asia | ✔ | |||
2 | Austria | Europe | ✔ | |||
3 | Brunei | Asia | ✔ | |||
4 | Belgium | Europe | ✔ | |||
5 | Bulgaria | Europe | ✔ | |||
6 | Canada | N Ame | ✔ | |||
7 | Chile | S Ame | ✔ | |||
8 | Croatia | Europe | ✔ | |||
9 | Costa Rica | Ame | ✔ | |||
10 | Cyprus | Europe | ✔ | |||
11 | Czech Republic | Europe | ✔ | |||
12 | Denmark | EU | ✔ | |||
13 | Ecuador | S Ame | ✔ | |||
14 | Estonia | Europe | ✔ | |||
15 | Finland | EU | ✔ | |||
16 | France | Europe | ✔ | |||
17 | Germany | Europe | ✔ | |||
18 | Greece | Europe | ✔ | |||
19 | Hong Kong | Asia | ✔ | |||
20 | Hungary | Europe | ✔ | |||
21 | Iceland | Europe | ✔ | |||
22 | Ireland | Europe | ✔ | |||
23 | Israel | W Asia | ✔ | |||
24 | Italy | EU | ✔ | |||
25 | Japan | Asia | ✔ | |||
26 | Latvia | EU | ✔ | |||
27 | Lithuania | Europe | ✔ | |||
28 | Luxembourg | Europe | ✔ | |||
29 | Macau | Asia | ✔ | |||
30 | Netherlands | EU | ✔ | |||
31 | New Zealand | Asia | ✔ | |||
32 | Norway | Europe | ✔ | |||
33 | Poland | Europe | ✔ | |||
34 | Portugal | Europe | ✔ | |||
35 | Romania | Europe | ✔ | |||
36 | Slovakia | Europe | ✔ | |||
Developed Countries | Region | Legal | Banned | Unregulated / not illegal | Taxable Asset | |
37 | Singapore | Asia | ✔ | |||
38 | South Korea | Asia | ✔ | ✔ | ||
39 | Spain | Europe | ✔ | |||
40 | Sweden | Europe | ✔ | |||
41 | Switzerland | Europe | ✔ | |||
42 | Taiwan | Asia | ✔ | |||
43 | United Kingdom | Europe | ✔ | |||
44 | United States | N America | ✔ | ✔ |