LitecoinLodestar
Sat Jun 08 2024
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6 answers
1499
Is Bitcoin mining legal in Malaysia?｜This brings it under the purview of the Malaysian Securities Commission, which has recognised several crypto exchanges for Malaysians to trade in. While mining crypto may be legal (so long as you are paying your electricity bills), other laws and by-laws might prohibit where it can be done.
Is it permissible in Malaysia to engage in the mining of Bitcoin? Given that the Malaysian Securities Commission oversees this domain, having authorized several cryptocurrency exchanges for Malaysian traders, does it suggest a certain degree of legality? While it appears that mining cryptocurrencies may be lawful, presuming one is accountable for their electricity expenses, are there any other statutory regulations or subsidiary laws that might restrict the locations where mining activities can take place?
