Malaysia Launches ‘Ops Token’ to Combat Cryptocurrency Tax Evasion

To combat tax evasion in the cryptocurrency sector, Malaysia’s Inland Revenue Board (IRB) has rolled out a dedicated initiative named “Ops Token.” This operation, supported by the Royal Malaysia Police and CyberSecurity Malaysia, targets several businesses throughout the Klang Valley suspected of underreported crypto transactions. Significantly, the IRB’s actions underscore the Malaysian government’s growing commitment

Source: CoinOtag