Short answer: From the 2026 tax year, Indonesia removed VAT (PPN) on crypto because crypto is now treated as a security (under regulation PMK 50/2025). In its place, selling on a licensed local exchange carries a 0.21% final income tax, while selling on a foreign exchange is taxed at 1%. Supervision also moved from Bappebti to the financial regulator OJK back in January 2025. Net effect: the rules now strongly favor licensed local platforms.
Here's what actually changed and what it means for you.
What changed in 2026
- VAT (PPN) removed — crypto is treated as a security, so transfers are no longer subject to VAT (PMK 50/2025, signed by Finance Minister Sri Mulyani on 25 July 2025).
-
Final income tax (PPh) restructured:
- Licensed local exchange: 0.21% per sale
- Foreign exchange: 1% per sale
- Miners are taxed at the general 22% corporate rate from fiscal year 2026.
Local vs foreign exchange (quick table)
| Factor | Licensed local exchange | Foreign exchange |
|---|---|---|
| Income tax on sales | 0.21% | 1% |
| VAT | None (removed) | None |
| Legal protection | Yes (OJK-supervised) | Limited / risky |
| Examples | Tokocrypto, Indodax, Pintu, Reku | Binance, Bybit (global) |
For active traders, 0.21% vs 1% is a big gap — a clear incentive to use local platforms.
Supervision moved to OJK — and enforcement is tightening
Since 10 January 2025, crypto supervision shifted from Bappebti to OJK (the Financial Services Authority), moving crypto from a commodities regime into the financial-sector framework. This was reinforced by Law No. 4 of 2026, effective 17 June 2026. OJK now licenses exchanges, clearing houses and custodians.
Enforcement is real: OJK's Satgas PASTI task force shut down 228 unlicensed platforms between January and May 2026. Using an unlicensed platform now carries more than just a tax penalty.
What it means for you (practical steps)
- Use an OJK-licensed local exchange (Tokocrypto, Indodax, Pintu, Reku) — 0.21% tax instead of 1%, plus protection.
- Keep all transaction records for annual tax reporting.
- Avoid unlicensed platforms — 228 have already been shut down.
- Fund in IDR easily via GoPay/DANA/OVO/QRIS on local apps.
- Self-custody larger holdings — the exchange is where you buy; a hardware wallet is where you store.
FAQ
How much is crypto tax in Indonesia in 2026?
Selling on a licensed local exchange is taxed at 0.21% (final income tax); a foreign exchange is 1%. VAT has been removed.
Why was VAT removed?
Because PMK 50/2025 treats crypto transfers as securities transfers, which are not subject to VAT.
Who regulates crypto in Indonesia now?
OJK, since January 2025, reinforced by Law No. 4 of 2026.
Which exchanges are safe?
OJK-licensed ones — Tokocrypto, Indodax, Pintu, Reku.
Educational information, not financial or tax advice; rules are still evolving, verify with DJP/OJK. Full Indonesia exchange comparison and IDR funding guide: Best Crypto Exchange in Indonesia.
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