Malaysia looks poised to redefine its future relationship with money. An estimated four million of its citizens — around one eighth of the population — will be using cryptocurrencies in 2025, and the south-east Asian nation’s market revenue is flirting with half a billion dollars. That’s after total crypto trading volume in Malaysia jumped to RM13.9 billion in 2024, from RM5.4 billion the previous year. Despite that adoption has recently dipped, hinting at a market that is still finding its footing.
In today’s piece, Disruption Banking examines the state of Malaysia’s crypto industry in 2025 — its growth trends, regulatory landscape, major players, and the challenges ahead.
