Crypto in Malaysia: Banking Challenges, Tax Clarity, and Budget 2025 Wishlist

As Malaysia’s regulated crypto sector continues to grow, it faces significant hurdles that could impact its long-term trajectory. From the banking sector’s reluctance to onboard regulated digital asset exchanges to the pressing need for tax clarity, these challenges are critical for the industry's future.

In this episode of Enterprise Explores, we speak with Aaron Tang, President of the Malaysian Digital Asset Platform Association (MDAPA) (who is also APAC GM for Luno) and Lucas Ooi, Co-Founder & Chief Business Officer of Halogen Capital. We discuss the current state of Malaysia’s crypto landscape, the key obstacles that need to be addressed, and what the industry hopes to see in the upcoming 2025 Budget to ensure the sector’s continued growth and success.