KUALA LUMPUR: With the estimated total value of cryptocurrency transactions in Malaysia in 2024 being RM1.441tril, the Inland Revenue Board (LHDN) has conducted a special operation to curb tax leakage.
The board conducted the special operation, dubbed "Ops Token," in collaboration with the police and CyberSecurity Malaysia, in line with the government's desire to reduce tax revenue leakage in cryptocurrency trading and improve the country's tax administration.
