Indonesia raise tax for crypto sellers and miners, cut VAT
Indonesia Finance Ministry go enforce new crypto tax rules under Regulations No. 50/2025 and No. 53/2025 start August 1. Domestic crypto tax for exchange trades go increase from 0.1% to 0.21%, while offshore exchange trades go jump from 0.2% to 1%, wey mean say crypto trading cost go higher. VAT for crypto mining double from 1.1% to 2.2%, and the 0.1% special mining income tax go comot. From 2026, mining profits go dey taxed under normal personal or corporate income tax. Buyers go get better as transfer of crypto assets wey dem classify as securities no go dey charged 0.11–0.22% VAT again. Finance Minister Sri Mulyani Indrawati talk say this measures aim to give legal certainty and take back revenue wey dem lose to offshore platforms. Traders suppose prepare for possible volume changes, fee repricing, and wider regulatory effects for Southeast Asia’s third-largest crypto market.
Bearish
The hike for crypto tax rate dey raise di trading cost for sellers and miners, wey fit reduce di trading volume and miner profit short-term. Higher domestic and offshore crypto tax plus increased mining VAT dey reduce net returns, fit make traders look for cheaper markets. Even though VAT relief for buyers small help, di overall effect na increase in trading expenses. Long term, clearer crypto tax rules and alignment with international standards fit improve market stability, but di immediate cost go likely make price movement and trading dey bearish.