Starting 27 February 2018 the malaysians need an ID if they want to exchange cryptocurrencies using Bank Negara Malaysia (BNM).
Quote from official press release:
“In conducting CDD on an individual customer and beneficial owner, the reporting institution is required to obtain at least the following information:
(a) full name;
(b) National Registration Identity Card (NRIC) number or passport number or reference number of any other official documents bearing the photograph of the customer or beneficial owner;
(c) residential or mailing address; (d) date of birth; (e) nationality; and (f) purpose of transaction”
This policy aims to ensure that effective measures against money laundering and terrorism risks associated with the use of digital currencies, but also to increase the transparency of cryptocurrency activities in the country.