Is Bitcoin Legal In Malaysia - 1 / You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant regulators' websites before making any decision.. It has become a contentious issue for regulators, enforcers and tax authorities over the past decade since it was invented by an unknown programmer and released as an open software in 2009. 2 january 2014 bank negara malaysia (bnm) issued a following statement: This does not mean that bitcoin is illegal however! You can buy bitcoin in malaysia in two simple steps: Bitcoin is not recognised as legal tender in malaysia.
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