Starting August 1, 2025, Indonesia will implement new tax rates for both domestic and overseas cryptocurrency transactions. Local exchanges face a 0.21% tax rate, while international platforms will incur a 1% tax. This move aims to increase revenue and clarity in the crypto sector.
While Value Added Tax will be removed for crypto buyers, mining services will see VAT rise to 2.2%. Industry groups are urging a gradual adaptation to these regulatory changes and improved oversight for international platforms, impacting assets such as BTC, ETH, USDT, and DOGE.
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