Indonesia said to lift taxes on cryptocurrency transactions
Main Idea
Indonesia's finance ministry will implement a new crypto tax framework starting August 1, requiring domestic sellers using exchanges to pay a 0.21% tax on transaction value.
Key Points
1. Indonesia's finance ministry is overhauling its crypto tax framework.
2. The new tax policy will take effect starting August 1.
3. Domestic sellers using crypto exchanges will be subject to a 0.21% tax on transaction value.
Description
More on Crypto VanEck Mid-July 2025 Bitcoin ChainCheck Profit Taking Continues To Weigh On Cryptocurrencies Ethereum's Success Won't Translate Into Altcoins BlackRock's ETH ETF sees $223M inflows, pushing holdings past 3M ETH eToro plans to launch tokenized stocks on Ethereum blockchain
$BTC
$118555.2
+0.66%
$ETH
$3799.10
+0.06%
Latest News
- Visa adds support for more stablecoins, chains within settlement platform2025-07-31 15:09:11
- Circle's Hidden Revenue Engine2025-07-31 11:04:42
- Bitfarms Ltd.: Optimistic With The Buyback Plan And US Exposure Into 20262025-07-31 10:27:57
- Asia markets mostly fall, China slumps on weak data, Japan climbs after BOJ holds rates2025-07-31 06:34:11
- Circle: The Stablecoin Infrastructure Stock Powering The Crypto Economy2025-07-31 05:33:37