Malaysia cracks down on crypto tax evaders with Ops Token: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718625107993-YAKIHONNES3.jpg 
Malaysian federal agency Inland Revenue Board (IRB) conducted a special operation dubbed “Ops Token” to reduce tax revenue leakage from crypto trading. 

Local media outlet The Malaysian Reserve reported that 38 personnel from the Royal Malaysia Police and CyberSecurity Malaysia (CSM) raided 10 different locations within Klang Valley.

The operation targeted companies that did not properly report their crypto trading activities to the federal agency. The initiative aligns with the local government’s desire to reduce tax revenue leakage and improve the country’s tax administration. 

 Malaysia has recently taken steps to crack down on crypto tax evaders through a special operation called Ops Token. The operation was conducted by Malaysia's Inland Revenue Board (IRB) in an effort to reduce tax revenue leakage from crypto trading .During the operation, 38 personnel from the Royal Malaysia Police and CyberSecurity Malaysia (CSM) raided 10 different locations within the Klang Valley 

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