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Indonesia's Crypto Income Tax Rate Increases to 0.21%

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The Indonesian Ministry of Finance has officially increased the crypto income tax from 0.1% to 0.21%, effective August 1, 2025, for all cryptocurrency transactions, whether selling, swapping, or other transactions. This tax regulation applies not only to transactions on local crypto exchanges but also to global exchanges like Binance and Coinbase.

What are the crypto tax regulations in your country?
 
In my country, nobody can say for sure what's government stands on cryptocurrency. During last administration, the government have issue with Binance and arrested two of their officials that comescro Nigeria to negotiate with the government but they were arrested and detained. Since then, nobody can say for sure what is going with government and cryptocurrency markets m
 
The Philippines appears to be more prudent in its crypto taxation, although it appears to be 15%, compared to Indonesia's 0.21%. However, crypto taxes in the Philippines are calculated from profits or capital gains, while in Indonesia they are calculated from the total transaction value of crypto sales. Therefore, in fiat currency, the tax rate in Indonesia would certainly be higher. The Indonesian government is becoming increasingly greedy and avaricious.
 
The point is there is a worldwide governmental trend to fight against the cryptocurrencies. That's why such excess of regulation and taxes. In any way, in Asian countries you are luckier than in the western countries, where cryptocurrencies are simply banned, or the taxation skyrocketed to dozens of percentage. Since 2026, the taxation in Italy only will be the 33% (as the European Parliament is one of the worst cryptocurrencies enemy).
 
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