Indonesia’s Bitcoin Tax Revenue Surges to 62 Billion Rupiah in 2024 Amid Regulatory Overhaul
Main Idea
Indonesia's cryptocurrency tax revenue surged to 62 billion rupiah in 2024, driven by regulatory updates and a growing crypto user base exceeding 20 million.
Key Points
1. Indonesia's crypto tax revenue reached 62 billion rupiah in 2024, up from 22 billion rupiah in 2023, marking a significant increase.
2. Regulatory changes included a 1% tax rate on overseas platforms and 0.21% on domestic platforms, along with the cancellation of buyer’s value-added tax.
3. The crypto user base in Indonesia surpassed 20 million, outnumbering local stock market investors, contributing to the tax revenue growth.
4. Early 2025 figures show 11.5 billion rupiah collected, indicating a continued upward trend in tax revenue.
5. The Financial Services Authority's oversight and updated regulations aim to enhance tax compliance and market development.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Indonesia’s cryptocurrency tax
Latest News
- Trump Criticizes Fed’s High Interest Rates, Hints at Firing Powell Amid Market Concerns2025-08-02 00:43:52
- TRUMP TELLS NEWSMAX POWELL WILL ‘MOST LIKELY’ STAY ON AS CHAIR2025-08-02 00:17:19
- Bitcoin Liquidation Surge: BTC Breaks $118,936 Triggering $3.97 Billion Short Liquidations on Major CEXs2025-08-02 00:17:07
- Dogecoin Faces Bearish Pressure Near $0.22 Amid Technical Indicators Suggesting Possible Further Decline2025-08-02 00:06:31
- Bitcoin Shows Signs of Potential Breakout Above $122K Amid Rising Volume and Wallet Accumulation2025-08-01 23:51:07