Malaysia: cryptocurrency ownership 2023 | Statista (2024)

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    Published by

    Amanda Siddharta,

    Jun 19, 2024

    According to a survey on cryptocurrency ownership by Oppotus, 30 percent of Malaysian respondents owned a cryptocurrency in the fourth quarter of 2023. This was a decrease compared to the same period in 2022, when 36 percent of respondents said they owned cryptocurrency.

    Cryptocurrency ownership among respondents in Malaysia from 1st quarter 2019 to 4th quarter 2023

    CharacteristicShare of respondents
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    --
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    --
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    --
    --
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    Malaysia: cryptocurrency ownership 2023 | Statista (2)

    Oppotus

    Release date

    February 2024

    More information

    Region

    Malaysia

    Survey time period

    Q1 2019 to Q4 2023

    Number of respondents

    400 respondents

    Age group

    18-65 years

    Citation formats

    Other statistics on the topic

    Fintech in Malaysia
    +Financial ServicesNumber of FinTech companies in Malaysia 2021-2023+Financial ServicesFintech investments value APAC 2017-2023+Financial ServicesTransaction volume of digital payment methods in Malaysia 2019-2023, by segment+Financial ServicesMarket size of Islamic fintech in Malaysia 2020-2027

    Malaysia: cryptocurrency ownership 2023 | Statista (7)

    Amanda Siddharta

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    Statistics on " Fintech in Malaysia "

    The most important statistics

    • Fintech investments value APAC 2017-2023
    • Value of digital economy in Malaysia 2015-2030
    • Revenue of fintech market in Malaysia 2017-2028, by segment
    • Transaction value in the fintech market Malaysia 2017-2028, by segment
    • Number of users in the fintech market in Malaysia 2017-2028, by segment

    The most important statistics

    • Gross transaction value of digital payments in Malaysia 2019-2025
    • Transaction value of digital payment methods in Malaysia 2023, by segment
    • Transaction volume of digital payment methods in Malaysia 2019-2023, by segment
    • Penetration rate of digital payments in Malaysia 2019-2028
    • Number of users of digital payments in Malaysia 2019-2028

    The most important statistics

    • Revenue in the cryptocurrency market in Malaysia 2017-2028
    • Revenue growth in cryptocurrency market in Malaysia 2018-2028
    • Cryptocurrency adoption index ranking in Malaysia 2023, by metric
    • Cryptocurrency ownership among respondents in Malaysia Q1 2019-Q4 2023

    The most important statistics

    • Market size of Islamic fintech in Malaysia 2020-2027
    • Number of Islamic fintech companies in Malaysia 2021-2023
    • Global Islamic fintech index score in Malaysia 2021-2023
    • Global Islamic fintech index score in Malaysia 2023, by component

    The most important statistics

    • Number of FinTech companies in Malaysia 2021-2023
    • Number of fintech companies in Malaysia 2023, by category
    • Share of companies in the fintech industry in Malaysia 2023, by business category
    • Funding for fintech companies in Malaysia 2023
    • Leading FinTech startups in Malaysia 2022, by funding value

    The most important statistics

    • Awareness of fintech Malaysia Q3 2019-Q4 2023
    • Leading digital financial products and services in Malaysia 2023
    • Average monthly e-wallet spending Malaysia Q4 2023
    • Level of trust in digital assets in Malaysia 2023, by product
    • Leading cryptocurrency owned Malaysia Q4 2023

    Other statistics that may interest you Fintech in Malaysia

    Overview

    5

    • Premium Statistic Fintech investments value APAC 2017-2023
    • Premium Statistic Value of digital economy in Malaysia 2015-2030
    • Premium Statistic Revenue of fintech market in Malaysia 2017-2028, by segment
    • Premium Statistic Transaction value in the fintech market Malaysia 2017-2028, by segment
    • Premium Statistic Number of users in the fintech market in Malaysia 2017-2028, by segment

    Digital payment

    5

    • Premium Statistic Gross transaction value of digital payments in Malaysia 2019-2025
    • Premium Statistic Transaction value of digital payment methods in Malaysia 2023, by segment
    • Premium Statistic Transaction volume of digital payment methods in Malaysia 2019-2023, by segment
    • Premium Statistic Penetration rate of digital payments in Malaysia 2019-2028
    • Premium Statistic Number of users of digital payments in Malaysia 2019-2028

    Cryptocurrency

    4

    • Premium Statistic Revenue in the cryptocurrency market in Malaysia 2017-2028
    • Premium Statistic Revenue growth in cryptocurrency market in Malaysia 2018-2028
    • Premium Statistic Cryptocurrency adoption index ranking in Malaysia 2023, by metric
    • Premium Statistic Cryptocurrency ownership among respondents in Malaysia Q1 2019-Q4 2023

    Islamic fintech

    4

    • Premium Statistic Market size of Islamic fintech in Malaysia 2020-2027
    • Premium Statistic Number of Islamic fintech companies in Malaysia 2021-2023
    • Premium Statistic Global Islamic fintech index score in Malaysia 2021-2023
    • Premium Statistic Global Islamic fintech index score in Malaysia 2023, by component

    Companies & startups

    5

    • Premium Statistic Number of FinTech companies in Malaysia 2021-2023
    • Premium Statistic Number of fintech companies in Malaysia 2023, by category
    • Premium Statistic Share of companies in the fintech industry in Malaysia 2023, by business category
    • Premium Statistic Funding for fintech companies in Malaysia 2023
    • Premium Statistic Leading FinTech startups in Malaysia 2022, by funding value

    User behavior

    5

    • Premium Statistic Awareness of fintech Malaysia Q3 2019-Q4 2023
    • Premium Statistic Leading digital financial products and services in Malaysia 2023
    • Premium Statistic Average monthly e-wallet spending Malaysia Q4 2023
    • Premium Statistic Level of trust in digital assets in Malaysia 2023, by product
    • Premium Statistic Leading cryptocurrency owned Malaysia Q4 2023

    Further Content: You might find this interesting as well

    Topics

    Fintech in MalaysiaE-commerce in MalaysiaDigital payments in MalaysiaBanking industry in MalaysiaInsurance industry in Malaysia

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    Malaysia: cryptocurrency ownership 2023 | Statista (2024)

    FAQs

    Malaysia: cryptocurrency ownership 2023 | Statista? ›

    According to a survey on cryptocurrency ownership by Oppotus, 30 percent of Malaysian respondents owned a cryptocurrency in the fourth quarter of 2023. This was a decrease compared to the same period in 2022, when 36 percent of respondents said they owned cryptocurrency.

    Read On
    Which country owns the most Bitcoin in 2023? ›

    Download Table Data
    Country# of People Who Own Cryptocurrency 2023% of Pop. Who Own Cryptocurrency 2023
    India93.5M6.5%
    China59.1M4.16%
    United States52.9M15.4%
    Brazil26M12.29%
    82 more rows

    Discover More Details
    Which country has the highest crypto owners? ›

    According to Triple-A, Here are the top 10 countries with the highest rates of crypto ownership in 2023.
    1. United Arab Emirates (UAE) With 30.4% of its population owning cryptocurrencies, the UAE leads the pack in crypto adoption. ...
    2. Vietnam. ...
    3. United States (U.S.)
    4. Iran.
    5. Philippines.
    6. Brazil.
    7. Saudi Arabia.
    8. Singapore.
    More items...
    May 24, 2024

    Continue Reading
    What is the legal status of cryptocurrency in Malaysia? ›

    Is cryptocurrency legal in Malaysia? Crypto in Malaysia is legal. However, Malaysia doesn't recognize digital assets as legal tender or as a payment instrument.

    See Details
    Does Malaysia use crypto? ›

    No, cryptocurrencies are not considered legal tender in Malaysia. While they are legal to trade and hold, they are not recognized as a form of legal payment. The Malaysian Ringgit remains the only official currency for payment of goods and services.

    Find Out More
    Who owns 90% of Bitcoin? ›

    As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.

    Tell Me More
    Which country government owns the most Bitcoin? ›

    As of the latest available information in 2024, the United States is considered to be the country that owns the most Bitcoin — according to various reports, it holds over 210K BTC. This accumulation is primarily due to legal seizures rather than direct purchases. US government owns over 210K BTC as of 2024.

    Show Me More
    How many Malaysians own crypto? ›

    According to a survey on cryptocurrency ownership by Oppotus, 30 percent of Malaysian respondents owned a cryptocurrency in the fourth quarter of 2023. This was a decrease compared to the same period in 2022, when 36 percent of respondents said they owned cryptocurrency.

    Explore More
    Is Malaysia tax free on cryptocurrency? ›

    The profits made by individuals who occasionally trade cryptocurrencies or shares may be viewed as capital gains, which is not taxable in Malaysia. But the profits earned by individuals who trade frequently may be viewed as revenue and thus, deemed as taxable income.

    Continue Reading
    How much is 1 Bitcoin in Malaysia? ›

    251201.09 MYR

    Show Me More

    Do Malaysia have a Bitcoin machine? ›

    There are various types of Bitcoin ATMs in Malaysia with different providers. So, there are several ways available for you to do the buying and selling of Bitcoin through kiosks.

    Read The Full Story
    Is it legal to mine Bitcoin in Malaysia? ›

    Government Response and Efforts

    Akmal Nasrullah emphasized that while cryptocurrency mining itself is legal, the unauthorized use of electricity to power these operations is illegal.

    See Details
    Which country does Bitcoin the most? ›

    Note that if we were to rank countries based on their actual number of crypto owners, India would rank first at 93 million people, China would rank second at 59 million people, and the U.S. would rank third at 52 million people.

    Get More Info Here
    Who is the largest holder of Bitcoin? ›

    Who Are the Biggest Individual Bitcoin Billionaires?
    • Satoshi Nakamoto. Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is more a legend than a person we can pinpoint. ...
    • Cameron and Tyler Winklevoss. ...
    • Changpeng Zhao (CZ) ...
    • Tim Draper. ...
    • Michael J. ...
    • Others. ...
    • MicroStrategy. ...
    • Galaxy Digital Holdings.
    More items...
    Mar 22, 2024

    Continue Reading
    Does the United States own the most Bitcoin? ›

    Known Bitcoin reserves held by governments account for 2.7% of the total 21 million supply of bitcoins, with the largest being the US Government with over 210,000 bitcoins worth more than $13bn at the time of writing.

    View More
    How many people own Bitcoin 2023? ›

    CoinMarketCap opts for a different figure, claiming that there are currently 48.2 million wallet addresses holding Bitcoin. Interestingly, CoinMarketCap data suggests that the number of holders is trending upward. For example, this figure was at 45 million wallet addresses in late April 2023.

    View Details
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