Between its regulatory changes, Indonesian financial authorities have been determined to increase tax platforms.
Indonesia Crypto to increase taxes
On Wednesday, Indonesia’s Finance Ministry effectively announced the rules by updating the cryptocurrency transaction and miners on 1 August 2025. Finance Regulation Minister (PMK) is required to align digital asset trading sales with 50/2025 and 53/3035 “legally providing” and deviations of the sector.
For the report of a Reuters, new rules will require previews above 0.1% rate to pay 0.21% tax to vendors of digital assets on domestic exchange. Meanwhile, taxes on digital assets sold on foreign exchanges will increase from 0.2% to 1% initial friends.
However, the updated rules have exempted the price-aided tax (VAT) on the crypto transaction, which was about 0.11%-0.22%. The VAT rate was being removed through PMK 53/2025, CNBC Indonesia explained, which repeated articles 343 and 354 of PMK 11/2025.
PMK 50/2025 expanded that digital assets “equal to securities” were exempted from VAT rates, but it was noted that “provisions of taxable services such as electronic facilities were used, which was used to facilitate cryptocurrency transaction for cryptocurrency transaction such as electronic trading system operators (PMSE). It is used for Cryptocurrency Minors that has removed the subject for VAT. “
Regarding miners, Indonesia increased the VAT rate from 1.1% to 2.2%. It is removing 0.1% special income tax rate, subject to such income for effective individual income tax or corporate tax rates in 2026.
The rules extend that PMSE and miners who do not understand the provisions will be subject to restrictions as being regulated in general provisions and tax procedures. “
Indonesia regulator shift
In a statement, Tocokrypto called for fiscal intentions to increase innovation in the industry, the new crypto tax will be excessive than the inventors of the market, the capital profit tax would be highly compared to the inventors of the market.
The company allegedly “emphasized the importance of oversite and tax enforcement on the crypto asset transactions conducted through foreign platforms.”
According to regulatory data, Indonesia had more than 20 million crypto exchange users in 2024, crossing the number of investors in the stock market, while the total transaction of digital assets had increased to $ 39.67 billion. The country has also been removed from one of the highest adopting rates in the world, which ranks third and is crossing the US and Russia in 2024 by merchant number.
Indonesian financial authorities have been criticized for their previous measures, banning the use of digital assets as direct payment methods for goods and services, and the country’s double views on digital assets, which have been planned to plan some industry players, have stopped market growth over the years.
Last year, the government moved to welcoming more from its freshly critical approach, but still firm, regulatory stance, expected to promote a more transparent and comparative regulator framework that align with international standards.
In January, the process starting with the transfer of industry care from the Commodity Futures Trading Agency (BAppbti), in which the Financial Services Authority (OJK) from 2018 looked after digital assets.
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