New crypto owners nearly doubled in 3 key regions in 2021: Report
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021. Go to Source Powered by WPeMatico
Indonesia
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Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes, the Ministry of Finance, has set income tax … Read more
Celebrity tokens: Signs of rising crypto adoption in Indonesia
Some of Indonesia’s best-known celebs have helped fan the flames of interest in digital assets. Go to Source Powered by WPeMatico
Indonesia’s cryptocurrency community in 2022: An overview
Regulations, exchanges and local adoption help cryptocurrencies gain traction in Indonesia. Go to Source Powered by WPeMatico
Indonesia to impose 0.1% crypto tax starting in May: Report
The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork. Go to Source Powered by WPeMatico
Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading
Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always beware of fraudulent Ponzi schemes under the guise of crypto. Indonesian Regulator’s Crypto Warning Indonesia’s Financial Services Authority (OJK), the Jakarta-based government agency which regulates the financial services sector, warned … Read more
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
The warning from the Financial Services Authority (OJK) comes on the heels of several calls for a crypto ban from Islamic NGOs in the country. Go to Source Powered by WPeMatico
Indonesia’s Crypto Industry in 2021: A Kaleidoscope
The Indonesian cryptocurrency industry and market experienced notable growth in 2021. Go to Source Powered by WPeMatico
Vibe killers: Here are the countries that moved to outlaw crypto in the past year
From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools. Go to Source Powered by WPeMatico
Indonesian Islamic organization issues new fatwa against crypto use
The fatwa pointed towards two critical issues with cryptocurrencies that make them illegal as an investment tool as well as a medium of exchange. Go to Source Powered by WPeMatico
