🇮🇩 Indonesia Hikes Crypto Taxes — While the U.S. Considers Cuts

🇺🇸 In a notable policy shift, Indonesia is raising its crypto transaction tax to 0.21% (from 0.1%), with overseas exchanges facing an even steeper jump to 1%. At the same time, the country is removing VAT for crypto buyers — a move aimed at streamlining domestic participation.

🔍 Key tax changes include:

• Domestic crypto trade tax: 0.21%

• Overseas platform tax: 1%

• VAT removed for buyers, but doubled for miners

• Mining income to shift to standard tax brackets in 2026

📢 Binance-backed Tokocrypto has welcomed the reforms, calling them a step toward legitimizing digital assets, while urging for a smoother transition period.

🇮🇳 Meanwhile, India holds firm at 30% tax on crypto, and the U.S. debates tax cuts and ETF approvals — reflecting how crypto regulation is fragmenting across global markets.

🌐 As regulation tightens in Asia and evolves in the West, the gap in global crypto policy continues to widen.

#CryptoRegulation #Indonesia #DigitalAssets #Cryptocurrency #Blockchain

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