Indonesia's Cryptocurrency Annual Tax Revenue Reaches $364 Million, User Base Exceeds 20 Million

By: theblockbeats.news|2025/08/01 17:42:16

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)

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

Overview of Important Market Events on June 24

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.

Former SpaceX engineer reconstructs the financial execution system using first principles

Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...