Indonesia has launched a new phase of crypto and blockchain regulation in 2025, tightening oversight, revising tax structures, and attracting major institutional investment. The measures signal the government’s intent to balance innovation with stronger financial safeguards.
OJK takes charge
Regulatory responsibility for digital assets has shifted from Bappebti to the Financial Services Authority (OJK), under Regulation POJK 27/2024. The framework introduces stricter licensing, capital requirements and governance standards for exchanges, custodians, and clearing agencies. The list of approved tokens has expanded to 1,444, reflecting broader adoption under enhanced supervision.
Tax reforms reshape the market
From August 2025, the Ministry of Finance implemented a revised taxation regime. Income tax on domestic crypto sales rose to 0.21%, while transactions through overseas platforms face up to 1%. At the same time, VAT on crypto transfers was abolished, recognising digital assets as financial instruments rather than commodities. Mining activities now incur higher VAT at 2.2%, while a special mining levy has been phased out, with standard personal or corporate tax regimes to apply from 2026.
Institutional interest builds
The regulatory overhaul has coincided with rising international investment. MEXC Ventures committed $200 million to Triv, a leading Indonesian exchange, to support infrastructure and new services. At Coinfest Asia 2025 in Bali, regulators and industry leaders highlighted Indonesia’s ambition to create a more secure environment for institutional adoption while fostering innovation in fintech and blockchain applications.
Implications for growth
The reforms mark a decisive step in Indonesia’s digital finance strategy. By aligning regulation with global standards, Jakarta aims to attract institutional capital while safeguarding retail participants. Although higher taxes may dampen some trading activity, the broader recognition of crypto as a financial asset could strengthen the sector’s legitimacy and long-term growth prospects.
REFH – Newshub, 1 September 2025
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