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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…

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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…

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