Indonesia for raising tax transactions on August 1 star-news.press/wp

Amid their organizational transformation, Indonesian financial authorities are scheduled to increase taxes on cryptocurrencies and miners at the end of the week, with a high rate of trading on external platforms.

Indonesia to raise encryption taxes

On Wednesday, the Ministry of Finance in Indonesia announced the updated tax regulations on encrypted currency and mining workers ’transactions, starting from August 1, 2025. Finance Minister Sri Moliani Endarwati confirmed that Minister of Finance (PMK) 50/2025 and 53/3035 is necessary to provide legal certainty.”

According to Reuters a reportThe new regulations will require sellers of digital assets on the local stock exchanges to pay a 0.21 % tax on the value of the transaction, an increase of the previous 0.1 % average. Meanwhile, taxes on sales of digital assets that were made on foreign exchanges will increase from 0.2 % to 1 % from Friday.

However, the updated rules have given VAT tax on encryption transactions, which were about 0.11 % -0.22 %. The VAT rate is removed by PMK 53/2025, CNBC Indonesia Make upWhich was canceled materials 343 and 354 of PMK 11/2025.

PMK 50/2025 detailed that the digital assets “equal securities” were exempt from value -added tax rates, but indicate that “tax -subject services such as providing electronic facilities used to facilitate the Cryptocurrency Operations.

With regard to mining workers, Indonesia raised the value -added tax rate from 1.1 % to 2.2 %. It also removed 0.1 % income tax rate, as this income was placed either for personal income tax or corporate tax rates, which is valid in 2026.

The regulations show that PMSes and miners who do not benefit from judgments “are subject to penalties as organized in the General Rulings Law and Tax Procedures.”

Organizational transformation in Indonesia

In a statement, Tokocrypto called for financial incentives to support innovation in the industry, on the pretext that the new encryption tax will remain higher than the capital profit tax rate used in stock market investments, Reuters indicated.

According to the company, the company stressed, “The importance of enhancing supervision and tax enforcement on encryption assets transactions conducted through foreign platforms.”

According to the regulator data, Indonesia had more than 20 million users of encryption exchange users in 2024, exceeding the number of investors in the stock market, while the total value of the transaction for digital assets has doubled to 39.67 billion dollars. The country also remained one of the highest adoption rates in the world, ranked third and overcomed the United States and Russia with trading numbers in 2024.

Indonesian financial authorities have been criticized for their previous measures, including the ban on the use of digital assets as a direct payment of goods and services, and double taxes in the country on digital assets, which some players in the industry consider have stopped market growth in recent years.

Last year, the government moved from its cautious approach, which was largely critical to a more welcoming organizational position, but is still fixed, organized, and is expected to strengthen a more transparent and comprehensive regulatory framework that is in line with international standards.

In January, the operation began to transfer the industry supervision from the BAPPEBTI futures trading agency, which has supervised digital assets since 2018, to the Financial Services Authority (OJK).

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