Since August 1, 2025, the Indonesian government has implemented a new crypto transaction tax policy:
0.21% for transactions through domestic exchanges (up from 0.10%)
1% for transactions through foreign exchanges (up from 0.20%)
Value-added tax (VAT) for crypto buyers is eliminated, previously between 0.11–0.22%
Tax on mining activities increases to 2.2%, and the special tax of 0.1% is eliminated starting in 2026
Crypto tax revenue soars:
In 2024, it reached IDR 62 billion (~US$37.98 million), a drastic increase compared to 2023 (~IDR 22 billion)
By early 2025, approximately IDR 11.5 billion (~US$6.97 million) has been collected
This regulation also classifies crypto as a financial instrument and hands over oversight to the OJK (from previously Bappebti) as part of industry reform.