Malaysia
MY
Regulator
Bank Negara MalaysiaRegulator
Securities Commission MalaysiaRegimes
2
Bank Negara Malaysia, Securities Commission Malaysia
Companies
8
8 active licences
Passporting in
0
0 home states
Activities
3
/ 25
REGIMES IN THIS JURISDICTION
click a tier for its sourceREGIME · STATUTEACTSMIN CAPITALTIMELINEAPPLICATION FEE
E-Money Issuer Approval / Malaysia / Financial Services Act 2013Financial Services Act 2013 · Bank Negara Malaysia
Issue electronic money1/25 · 8 holders
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→Digital Asset Exchange (Recognized Market Operator) / Malaysia / CMSACapital Markets and Services Act … · Securities Commission Malaysia
Exchange crypto-assets for funds, Operate a trading platform for crypto-assets2/25 · 0 holders
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→Licences issued here
8 activeSource: Bank Negara Malaysia, Securities Commission Malaysia’s public register, read 1 Sep 2026
| Company | Regulator | Licence | Covers | Granted |
|---|---|---|---|---|
| Axiata Digital E-code Sdn Bhd | Bank Negara Malaysia | E-Money Issuer Approval | E-money | not published |
| BigPay Malaysia Sdn Bhd | Bank Negara Malaysia | E-Money Issuer Approval | E-money | not published |
| GPay Network (M) Sdn Bhd | Bank Negara Malaysia | E-Money Issuer Approval | E-money | not published |
| Merchantrade Asia Sdn Bhd | Bank Negara Malaysia | E-Money Issuer Approval | E-money | not published |
| ShopeePay Malaysia Sdn BhdPart of Sea Limited | Bank Negara Malaysia | E-Money Issuer Approval | E-money | not published |
| TNG Digital Sdn Bhd | Bank Negara Malaysia | E-Money Issuer Approval | E-money | not published |
| True Money Malaysia Sdn. Bhd. | Bank Negara Malaysia | E-Money Issuer Approval | E-money | not published |
| Wise Payments Malaysia Sdn BhdPart of Wise Payments Limited | Bank Negara Malaysia | E-Money Issuer Approval | E-money | not published |
INBOUND PASSPORTING — REGIMES ELSEWHERE THAT REACH THIS MARKET
HOME REGIMENo inbound passporting reaches this jurisdiction.
ACTIVITIES PERMITTED IN THIS JURISDICTION
3Exchange crypto-assets for fundsConferred by Digital Asset Exchange (Recognized Market Operator) / Malaysia / CMSA (for consumer, sme, corporate, via-intermediary)
Issue electronic moneyConferred by E-Money Issuer Approval / Malaysia / Financial Services Act 2013 (for consumer, sme, corporate, via-intermediary)
Operate a trading platform for crypto-assetsConferred by Digital Asset Exchange (Recognized Market Operator) / Malaysia / CMSA (for consumer, sme, corporate, via-intermediary)
PRODUCTS AVAILABLE HERE
0PRODUCTCLIENT TYPESTATUSMISSING ACTIVITIES
Card issuingconsumer · SME · corporate · via intermediarynoneIssue payment instruments and/or acquire payment transactions, Issue card-based payment instruments (card issuing)
Cross-border remittanceconsumer · SME · corporate · via intermediarynoneCross-border remittance as a distinct commercial activity, Money remittance
Crypto off-ramp (crypto to fiat payout)consumer · SME · corporate · via intermediarynoneExecute payment transactions (direct debits, card payments, credit transfers)
Crypto on-ramp (fiat to crypto)consumer · SME · corporate · via intermediarynoneExecute payment transactions (direct debits, card payments, credit transfers)
IBAN accountsconsumer · SME · corporate · via intermediarynonePlace cash on a payment account, Cash withdrawal from a payment account, Execute payment transactions (direct debits, card payments, credit transfers), Issue IBAN accounts in the institution's own name
Merchant collectionsconsumer · SME · corporate · via intermediarynoneAcquire card-based payment transactions (card acquiring), Execute payment transactions (direct debits, card payments, credit transfers)
Payoutsconsumer · SME · corporate · via intermediarynoneCurrency conversion (FX) as a service, Execute payment transactions (direct debits, card payments, credit transfers)
Stablecoin custodyconsumer · SME · corporate · via intermediarynoneProvide custody and administration of crypto-assets on behalf of clients
Stablecoin orchestrationconsumer · SME · corporate · via intermediarynoneProvide custody and administration of crypto-assets on behalf of clients, Execute payment transactions (direct debits, card payments, credit transfers)
CHANGES
Nothing to show yet. A change log needs two snapshots to compare, and history only began being recorded on 2026-08-14 — the builds captured so far differ by zero values. Rather than back-fill invented history, this fills in as the corpus actually moves.
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Jurisdiction: Malaysia