The Directorate General of Taxes (DJP) under the Ministry of Finance reported that tax revenues from crypto asset transactions have reached Rp1.55 trillion as of July 2025. This figure represents the cumulative collections since crypto tax regulations were first implemented in 2022.

According to a report by Pajak.com on Friday (August 29, 2025), crypto tax revenues amounted to Rp246.45 billion in 2022, slightly declined to Rp220.83 billion in 2023, but then rose significantly to Rp620.4 billion in 2024. The positive trend has continued in 2025, with Rp462.67 billion collected in just the first seven months.

Of the total revenue, Rp730.41 billion came from Income Tax (PPh) Article 22 on crypto asset transactions, while Rp819.94 billion was contributed by Domestic Value Added Tax (PPN DN).

Rosmauli, Director of Counseling, Services, and Public Relations at DJP, emphasized that the digital economy sector, including crypto, has been showing increasingly strong tax contributions.

“Tax contributions from the digital economy sector have shown a positive trend, including PMSE VAT, crypto tax, fintech tax, and SIPP tax. This not only strengthens the nation’s fiscal space but also creates a level playing field between conventional and digital businesses,” she stated, as quoted by Pajak.com.

New Crypto Tax Regulation

Effective August 1, 2025, the Indonesian government officially introduced major changes to the crypto taxation mechanism through Minister of Finance Regulation (PMK) No. 50 of 2025 on Value Added Tax and Income Tax for Crypto Asset Trading Transactions.

Under this new policy, VAT on crypto transactions has been officially abolished. However, in exchange, the income tax (PPh) rate on crypto transaction earnings has been significantly increased and will be fully implemented starting the 2026 tax year.

PMK 50/2025 stipulates that any party earning income from crypto activities will be subject to Income Tax (PPh) Article 22 at a rate of 0.21%. This applies to crypto asset sellers, electronic trading system (PMSE) operators, and crypto miners. The rate is more than double the previous rate of 0.1% set under PMK 68/2022 for transactions conducted on Bappebti-licensed platforms.

This policy is part of the transition of crypto's status in Indonesia from a commodity to a digital financial instrument. The shift aligns with the transfer of regulatory authority from the Commodity Futures Trading Regulatory Agency (Bappebti) to the Financial Services Authority (OJK) in January 2025.

Crypto Transactions Continue to Grow

Beyond taxation, Indonesia's domestic crypto trading ecosystem continues to expand rapidly. The value of crypto transactions in June 2025 reached Rp32.31 trillion, bringing the year-to-date (YTD) total to Rp224.11 trillion.

The number of crypto users is also increasing steadily. In June 2025, there were 15.85 million registered users, up 5.18% from May 2025's total of 15.07 million. Currently, there are 1,181 crypto assets legally traded in Indonesia.