Indonesia's Crypto Evolution: Government Eyes Changes In Taxation Landscape  

Eerik Tamm

Other 3 months ago
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Indonesia's crypto market faces a period of change and reassessment, as evidenced by falling tax revenue and planned regulatory shifts. While Bitcoin surged in value throughout 2023, the country's crypto tax revenue plummeted by over 60% compared to the previous year, raising concerns about the effectiveness of the current tax regime.