{"id":9430,"date":"2026-03-04T01:36:13","date_gmt":"2026-03-04T01:36:13","guid":{"rendered":"https:\/\/legalbison.com\/?p=9430"},"modified":"2026-06-03T11:04:40","modified_gmt":"2026-06-03T11:04:40","slug":"list-of-crypto-exchange-companies-malaysia","status":"publish","type":"post","link":"https:\/\/legalbison.com\/id\/blog\/list-of-crypto-exchange-companies-malaysia\/","title":{"rendered":"The Complete List of Crypto Exchange Companies in Malaysia & Regulatory Guide"},"content":{"rendered":"

Malaysia<\/a><\/span> has emerged as one of Southeast Asia’s most structured and enforcement-focused digital asset markets. With a rapidly growing retail investor base, strong institutional interest in blockchain technology, and a government committed to regulated innovation, the country occupies a distinctive position in the regional fintech landscape.<\/span><\/p>\n

Operating a crypto exchange in Malaysia is not simply a matter of building a platform and opening it to the public. It requires formal registration with the Securities Commission Malaysia and full compliance with an increasingly rigorous set of legal obligations. For entrepreneurs and fintech founders who want to understand the market, model its compliance standards, or launch their own regulated exchange elsewhere, this guide provides the essential information.<\/span><\/p>\n

LegalBison partners with crypto and fintech businesses at every stage of their licensing journey, from initial jurisdictional analysis through to full global company formation and regulatory authorisation.<\/span><\/p>\n

The regulatory framework in Malaysia<\/span><\/h2>\n

The Securities Commission Malaysia (SC) is the central regulatory authority governing the country’s capital markets. Established on March 1, 1993, under the Securities Commission Act, the SC oversees all activities related to securities and derivatives, with its mandate subsequently extended to encompass digital assets.<\/span><\/p>\n

The pivotal regulatory development for the crypto sector came with the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019, which came into force on January 15, 2019. This Order classified digital currencies and digital tokens as securities under Malaysian law, bringing all related market activities within the SC’s supervisory perimeter.<\/span><\/p>\n

Following this classification, the SC issued its Guidelines on Recognised Markets, which established the framework under which digital asset exchanges (DAX) must operate. Any platform wishing to facilitate the trading of digital assets in Malaysia must be registered as a Recognised Market Operator (RMO). Operating without this registration is a criminal offence under Malaysian capital markets law.<\/span><\/p>\n

The RMO framework imposes meaningful obligations on registered exchanges. These include maintaining adequate financial resources, implementing robust AML and KYC procedures, ensuring fair and orderly market operations, and submitting to ongoing supervision and reporting requirements. The SC has demonstrated repeatedly that it will enforce these requirements, including through public shutdown orders and asset repatriation demands directed at non-compliant platforms.<\/span><\/p>\n

Related: 5 Reasons Why Asia Is Great for Crypto On\/Off Ramping<\/a><\/span><\/p>\n

The official list of crypto exchange companies in Malaysia<\/span><\/h2>\n

As of December 3, 2025, the SC has registered six digital asset exchanges as Recognised Market Operators. These are the only platforms legally permitted to operate a Malaysia crypto exchange and offer digital asset trading services to Malaysian investors. The six registered DAX operators are:<\/span><\/p>\n

    \n
  1. HATA Digital Sdn Bhd;<\/span><\/li>\n
  2. Luno Malaysia Sdn Bhd;<\/span><\/li>\n
  3. MX Global Sdn Bhd;<\/span><\/li>\n
  4. SINEGY DAX Sdn Bhd;<\/span><\/li>\n
  5. Kinetic DAX Sdn Bhd;<\/span><\/li>\n
  6. Torum International Sdn Bhd.<\/span><\/li>\n<\/ol>\n

    This is the authoritative and complete list of licensed crypto exchange Malaysia operators at the time of publication. The SC maintains and updates this list publicly, and it is available directly on the<\/span> Securities Commission Malaysia website<\/span><\/a>.<\/span><\/p>\n

    Each of these platforms has undergone rigorous assessment by the SC before receiving RMO status. The registration process evaluates the technical infrastructure of the exchange, the fitness and propriety of its directors and senior management, the robustness of its compliance and risk management frameworks, and its capacity to meet ongoing capital and operational requirements.<\/span><\/p>\n

    Luno, owned by the Digital Currency Group, is one of the most internationally recognised names on the list and serves a broad retail customer base across Malaysia. HATA and MX Global have built strong local presences, while SINEGY, Kinetic DAX, and Torum cater to more specific segments of the market, including institutional and digital community-focused users. <\/span><\/p>\n

    Regardless of which exchange a Malaysian investor chooses, selecting any of these six platforms means dealing with a licensed crypto exchange Malaysia that is subject to SC oversight and investor protection requirements.<\/span><\/p>\n