Indonesia

Indonesia has a clear regulatory framework for cryptocurrencies, governed primarily by Bappebti Regulation 8/2021 on Crypto Asset Trading, allowing legal trading and licensing of crypto businesses.

Overview

Status	Legal
Risk Score	25/100 (Low Risk)
Region	southeast asia
Currency	IDR

Tax Information

Capital Gains (Personal)	0.21% final income tax (Article 22) on transaction value for domestic platform trades; progressive income tax (5-35%) on staking/airdrop/DeFi income not from direct trading
Capital Gains (Corporate)	22% corporate income tax on crypto service fees, deposits, withdrawals; miners subject to 22% CIT on block rewards from 2026 fiscal year
VAT on Crypto	No
Staking Tax	Progressive income tax (5-35%) on staking rewards as general income under Article 4(1); not subject to final Article 22 withholding
Airdrop Tax	Progressive income tax (5-35%) on airdrop income as general income under Article 4(1); not subject to final Article 22 withholding

Cryptocurrency transactions are subject to capital gains tax and VAT. Income from staking, mining, and airdrops is taxed as ordinary income at rates exceeding 30%.

Licensing & Registration

Required	Yes
Regulator	OJK (primary regulator since Jan 10, 2025); BI (payment/currency oversight)
Framework	OJK Regulation No. 27/2024 (POJK 27/2024) on Implementation of the Trading of Digital Financial Assets including Crypto Assets, amended by POJK 23/2025
Ease	medium
Cost (USD)	$500,000 - $3,000,000 (IDR 8B-50B capital requirement)

Licensing is mandatory for crypto exchanges and service providers under Bappebti regulations, with moderate requirements for compliance and capital.

Enforcement Activity

Level: Moderate

No detailed enforcement information available

DeFi, Stablecoins & NFTs

Status: unregulated

DeFi activities are currently unregulated but monitored under general crypto asset regulations.

Stablecoins

Status: Unknown

NFTs

Status: unregulated

Mining

Legal	Yes
Electricity Cost	$0.08/kWh
Renewable Energy	15%
Infrastructure	fair

Mining is legal with moderate electricity costs and limited renewable energy share. Infrastructure is fair but improving.

Geopolitical Risk

Stability	stable
Sanctions	No
Corruption Index	38/100
Banking Access	moderate

Risk Factors

regulatory changes
capital controls risk
cybersecurity threats

Indonesia is politically stable with moderate corruption and regulatory environment. Crypto businesses face moderate banking access and evolving regulations.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Indonesia?

Indonesia has a clear regulatory framework for cryptocurrencies, governed primarily by Bappebti Regulation 8/2021 on Crypto Asset Trading, allowing legal trading and licensing of crypto businesses.