In 2024, Indonesia collected 620 billion rupiah in crypto taxes, reflecting a surge in digital asset activity, but 2025 shows early signs of revenue decline due to market volatility.
Indonesia's annual crypto tax revenue reached 620 billion rupiah ($38 million) in 2024, marking a 181% increase from 2023, driven by rising transaction volumes of 650 trillion rupiah ($39.67 billion). However, tax collections in 2025 have dropped to 115 billion rupiah ($6.97 million) as of July, attributed to crypto market volatility. The government has introduced new regulations, including tax reforms aimed at domestic platforms and reclassifying crypto assets under the Financial Services Authority's oversight.