- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Indonesia's Cryptocurrency Annual Tax Revenue Reaches $364 Million, User Base Exceeds 20 Million
BlockBeats News, August 1st. According to the Indonesia Tax Office, as of this year, Indonesia's annual cryptocurrency tax revenue ranges from 500 billion to 600 billion Indonesian Rupiah (approximately 31.25 million to 36.40 million US dollars). In detail, the tax revenue for the first year in 2022 was 24.6 billion Rupiah, decreased to 22 billion Rupiah in 2023, surged to 62 billion Rupiah in 2024, and up to now in 2025, 11.5 billion Rupiah has been collected.
The Indonesian government recently updated its cryptocurrency regulatory policy, increasing the tax rate for overseas platforms to 1% and adjusting the tax rate for domestic platforms to 0.21%. In addition, the value-added tax for buyers has been canceled, and cryptocurrencies have been reclassified as financial assets, falling under the supervision of the Financial Services Authority.
Currently, Indonesia has over 20 million cryptocurrency users, surpassing the number of local stock market investors. The tax department pointed out that the price volatility of cryptocurrency assets will continue to impact future tax revenues. (TECHINASIA)
You may also like
JPMorgan Explores Cryptocurrency Trading for Institutional Clients
Key Takeaways JPMorgan Chase is considering introducing cryptocurrency trading services to its institutional clientele, marking a notable shift…
Trend Research Quietly Becomes One of Ethereum’s Largest Whales with Major ETH Acquisition
Key Takeaways Trend Research has acquired 46,379 ETH, boosting their total holdings to about 580,000 ETH. The company,…
Palmer Luckey’s Erebor Reaches $4.3B Valuation as Bank Charter Progresses
Key Takeaways: Erebor, a digital bank co-founded by Palmer Luckey, has raised $350 million, bringing its valuation to…
El Salvador’s Bitcoin Dreams Faced Reality in 2025
Key Takeaways El Salvador’s ambitious Bitcoin strategy, introduced in 2021, faced significant challenges and revisions by 2025, particularly…
Price Predictions for 12/22: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH
Key Takeaways: Bitcoin’s recovery efforts are met with strong resistance, indicating potential bearish trends at higher levels. Altcoins…
Trump Family-Linked USD1 Stablecoin Gains $150M as Binance Unveils Yield Program
Key Takeaways The USD1 stablecoin, associated with the Trump family, increased its market capitalization by $150 million following…
Bitcoin Perpetual Open Interest Surges as Traders Look Forward to Year-End Rally
Key Takeaways Bitcoin perpetual open interest has risen to 310,000 BTC, reflecting a bullish sentiment among traders as…
Aave’s $10M Token Purchase Raises Concerns Over Governance Power
Key Takeaways: Aave founder Stani Kulechov’s $10 million AAVE token purchase sparks debates over governance power concentration. Concerns…
Web3 and DApps in 2026: A Utility-Driven Year for Crypto
Key Takeaways The transition to utility in the crypto sector has set a new path for 2026, emphasizing…
Hong Kong Moves Forward with Licensing Regimes for Virtual Asset Dealers and Custodians
Key Takeaways Hong Kong’s FSTB and SFC are implementing new licensing requirements for virtual asset dealers and custodians…
What Happened in Crypto Today: Insights on Bitcoin, IMF, and Ether ETFs
Key Takeaways Anthony Pompliano anticipates a stable Bitcoin price trajectory in the coming year due to its lack…
How to Evaluate a Curator?
December 24th Market Key Intelligence, How Much Did You Miss?
Base's 2025 Report Card: Revenue Grows 30X, Solidifies L2 Leadership
From Aave to Ether.fi: Who Captured the Most Value in the On-Chain Credit System?
Kalshi First Research Report: When Predicting CPI, Crowd Wisdom Beats Wall Street Analysts
Venture Capital Post-Mortem 2025: Hashrate is King, Narrative is Dead
DeFi Hasn't Collapsed, So Why Has It Lost Its Allure?
JPMorgan Explores Cryptocurrency Trading for Institutional Clients
Key Takeaways JPMorgan Chase is considering introducing cryptocurrency trading services to its institutional clientele, marking a notable shift…
Trend Research Quietly Becomes One of Ethereum’s Largest Whales with Major ETH Acquisition
Key Takeaways Trend Research has acquired 46,379 ETH, boosting their total holdings to about 580,000 ETH. The company,…
Palmer Luckey’s Erebor Reaches $4.3B Valuation as Bank Charter Progresses
Key Takeaways: Erebor, a digital bank co-founded by Palmer Luckey, has raised $350 million, bringing its valuation to…
El Salvador’s Bitcoin Dreams Faced Reality in 2025
Key Takeaways El Salvador’s ambitious Bitcoin strategy, introduced in 2021, faced significant challenges and revisions by 2025, particularly…
Price Predictions for 12/22: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH
Key Takeaways: Bitcoin’s recovery efforts are met with strong resistance, indicating potential bearish trends at higher levels. Altcoins…
Trump Family-Linked USD1 Stablecoin Gains $150M as Binance Unveils Yield Program
Key Takeaways The USD1 stablecoin, associated with the Trump family, increased its market capitalization by $150 million following…
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：bd@weex.com
VIP Services：support@weex.com
App