QUOTE(doraemonkiller @ Nov 23 2020, 08:36 PM)
6-7 digits go for Luno? Are u sure Luno got large volumn?
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LHDN din't call me but I went to LHDN office to check with them. Ofcoz I pay a lot of tax to LHDN every year, probably more than Luno. And bank know I use my personal account for crypto trading. This is because BNM allow us to trade crypto.
When do p2p trading, remember this:
1. DO NOT accept third party transfer. If receive third party transfer, refund to them. IC name in the platform must always match with the bank name to AVOID money laundry and third party scam.
2. If the ads able to add T&C, you can create rules to avoid third party scam, money laundry, and investment scam.
I can't answer that

What just trying to say Luno the legal way...
I myself had never trade past 5 digits... so no comments... so far so good only with Binance P2P...
Just as we discuss...
https://www.theedgemarkets.com/article/irb-...%9D%20he%20said.
QUOTE
Sabin explained that Malaysia’s existing tax structure base is already quite narrow as it is reliant on corporate income tax, personal income tax and petroleum tax, which had seen a slight drop due to oil price volatility.
He also pointed out that tax planning and evasion are enabled in the absence of the capital gains tax.
Sabin added that the tax is important when it comes to taxation on cryptocurrency, intangible and other digital assets in the future.
“Without the capital gains tax, these assets will be left untaxed, and it encourages aggressive tax planning and evasion,” he said.