Indonesia to raise tax rate on crypto transactions

Published on: Tuesday 29 July 2025

JAKARTA (Reuters) -Indonesia will raise taxes on cryptocurrency transactions, with a higher rate on trades hosted by overseas bourses, starting from August 1, according to a new finance ministry regulation. Cryptocurrencies have become a popular investment option in Southeast Asia's largest economy, where they are legally traded but cannot be used as a means of payment. The total transaction value of crypto assets tripled in 2024 from a year earlier to more than 650 trillion rupiah ($39.67 billi

News source: https://www.aol.com/news/indonesia-raise-tax-rate-crypto-053822318.html

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Indonesia to raise tax rate on crypto transactions