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A crypto Index provides a way for investors to gain diversified exposure to a specific basket of digital assets through a single tokenized product. These indices often track specific sectors, such as DeFi, DePIN, or RWA, and are automatically rebalanced via smart contracts. In 2026, AI-managed thematic indices have become the gold standard for passive investing, allowing users to track the "blue chips" of the Web3 economy without manual portfolio management. This tag covers index methodology, rebalancing frequency, and the benefits of diversified crypto baskets.

24865 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Indonesia’s Crypto Tax Revenue Skyrockets 181% – But Volatility Raises Red Flags

Indonesia’s Crypto Tax Revenue Skyrockets 181% – But Volatility Raises Red Flags

Indonesia’s annual crypto tax revenue jumped sharply in 2024, marking its highest level since the government introduced taxation on digital assets in 2022. According to officials from the Directorate General of Taxes, the country collected 620 billion rupiah (around $38 million) last year, a 181% rise from the 220 billion rupiah recorded in 2023. The sharp increase reflects a broader surge in local crypto activity. Officials attributed the growth to a rise in transaction volumes, which reportedly reached 650 trillion rupiah ($39.67 billion) in 2024. This aligns with Indonesia’s growing crypto user base, which now stands at over 20 million people, surpassing the number of stock market investors. Crypto Tax Revenue in Indonesia Surged in 2024, but 2025 Off to a Slower Start However, the momentum may not last. Year-to-date figures for 2025 show a steep drop in tax revenue, with collections sitting at just 115 billion rupiah ($6.97 million) as of July. Officials point to crypto market volatility as a key factor behind the fluctuations. “Crypto is a long-term investment. The price can drop,” said Hestu Yoga Saksama, Director of Tax Regulations I at the Directorate General of Taxes. “It could spike, it could drop—it depends on what kind of fever it is. If the fever is high, then the reception will be good.” The tax was first introduced in 2022 and includes both Final Value Added Tax (VAT) and Article 22 Income Tax on crypto trading. In its first year, crypto taxes brought in 246 billion rupiah. The drop in 2023 raised concerns before the market rebounded sharply last year. To manage this growing sector, the government introduced several new regulations in 2025. Among them are updated ministerial decrees that set out tax rules for crypto asset trading and amend existing tax frameworks to reflect the evolving digital asset space. Indonesia has also reclassified crypto assets from commodities to financial assets. This move brings the sector under the oversight of the Financial Services Authority (OJK), indicating a shift in how the country views crypto’s role in its broader financial system. Yon Arsal, an advisor to the Minister of Finance, emphasized the need for collaboration. “It’s not enough to simply expand the scope,” he said. “We must also coordinate. We’re encouraging better coordination with our external stakeholders, including the Financial Services Authority.” Indonesia Raises Crypto Taxes on Foreign Exchanges, Cuts VAT for Buyers The government also rolled out tax reforms in August designed to shift activity toward domestic crypto platforms. Taxes on foreign exchanges were raised from 0.2% to 1%, while domestic platforms saw a smaller hike from 0.1% to 0.21%. Buyers, however, are no longer subject to VAT, creating an incentive for local trading. Crypto mining operations weren’t left out. VAT on mining has doubled from 1.1% to 2.2%, and a special 0.1% income tax for miners will be removed in 2026. After that, mining income will be taxed under regular personal or corporate tax rates. Speaking to CryptoNews, Gregory Cowles, Chief Strategy Officer of Intellistake.ai , noted that “crypto taxation needs to strike a balance. It’s fair that governments want their share, but overly aggressive or unclear policies risk pushing users offshore or into informal channels.” He continued, saying, “Especially in emerging markets, crypto is often more than just speculation; it’s a workaround for currency instability or limited access to banking. If taxation becomes too punitive, it could stifle that utility.” 🇮🇩 Indonesia implements sweeping cryptocurrency tax increases up to five times higher effective August 1 targeting the booming $39.67 billion crypto market. #Indonesia #Crypto https://t.co/INFY07kh8f — Cryptonews.com (@cryptonews) July 30, 2025 Despite the volatility challenges, officials view crypto taxation as a growing source of revenue. The government’s ability to capture earnings from the booming digital asset market, particularly among younger investors aged 18 to 30, is seen as a long-term opportunity. Still, the unpredictable nature of crypto prices poses a challenge for revenue planning. As Yoga noted, “It really depends on the market. If activity drops, so does the revenue.” As 2025 unfolds, the country’s crypto tax collections may continue to reflect the highs and lows of a volatile but rapidly expanding sector. Gregory Cowles further noted that “If governments start to treat crypto tax income as a stable budget item, they may be setting themselves up for disappointment.” Indonesia Ranks 3rd Globally for Crypto Adoption as Youth Trading Soars Indonesia’s crypto sector is seeing a sharp rise in activity, fueled largely by its young population. Over 60% of the country’s crypto investors are aged between 18 and 30, according to data from the Commodity Futures Trading Regulatory Agency (Bappebti). This surge in young investor participation has helped position Indonesia as the third-highest country on Chainalysis’s Global Cryptocurrency Adoption Index . Source: Chainalysis In 2024, Indonesia recorded more than $30 billion in crypto transactions by October , a steep rise from $6.5 billion the previous year. While still below the 2021 peak of $54 billion, this marks a 352% year-over-year increase. The number of registered crypto traders in the country also grew, reaching 21 million. At the regulatory level, the country is undergoing a shift in oversight. The transfer of authority from Bappebti to the Financial Services Authority (OJK), initially planned for January 2025 , was delayed due to the absence of supporting government regulations. 🇮🇩 Indonesia’s crypto regulation transfer to OJK, set for Jan. 12, faces setbacks due to incomplete government frameworks. #Indonesia #CryptoRegulation https://t.co/2V7xIu94eI — Cryptonews.com (@cryptonews) January 2, 2025 Once finalized, the OJK is expected to provide a more structured regulatory framework aligned with global standards, including clearer rules on trading, taxation, and exchange operations.

Author: CryptoNews

2025/08/02

Crypto enters August with louder questions about where the money flows next

Crypto enters August with louder questions about where the money flows next

Can crypto sustain momentum in August as macro risks, token unlocks, and investor preferences decide how and where money moves? Fed expectations drive crypto liquidity In August 2025, global crypto markets are heading into a period of close observation, with…

Author: Crypto.news

2025/08/02

Dow dips 500 points amid weak jobs data, trade war jitters

Dow dips 500 points amid weak jobs data, trade war jitters

U.S. stocks shed gains on Friday, with renewed trade war jitters and weak jobs data spooking investors and sending the Dow Jones Industrial Average down 500 points. The Dow Jones Industrial Average dropped more than 500 points, while the S&P…

Author: Crypto.news

2025/08/01

HNT dips 36% from July peak — will Helium’s August 1 halving spark a rebound?

HNT dips 36% from July peak — will Helium’s August 1 halving spark a rebound?

Helium’s HNT token has lost 36% of its value since hitting $4.03 in mid-July, trading at $2.95 on ahead of it’s third halving.  The drop has extended by 12% in the past 24 hours and nearly 20% over the past…

Author: Crypto.news

2025/08/01

Why is crypto down today? Liquidations hit $629M as BTC, ETH, XRP dip

Why is crypto down today? Liquidations hit $629M as BTC, ETH, XRP dip

A broad sell-off hit the crypto market on the first day of August, with total market capitalization falling 6.6% to $3.8 trillion amid macroeconomic tensions. Bitcoin (BTC) fell 2.4% to $115,354, while Ethereum (ETH) declined 4.1% to $3,702. Solana (SOL),…

Author: Crypto.news

2025/08/01

US stock market closes: All three major stock indexes fall, while new stock Figma soars 256%

US stock market closes: All three major stock indexes fall, while new stock Figma soars 256%

PANews reported on August 1st that US stocks closed Thursday, with the Dow Jones Industrial Average initially down 0.74%, the S&P 500 down 0.37%, and the Nasdaq Composite slightly lower.

Author: PANews

2025/08/01

Altcoin Season Flickers as Cardano, Dogwifhat, Fartcoin Command $1.7B Daily Volume

Altcoin Season Flickers as Cardano, Dogwifhat, Fartcoin Command $1.7B Daily Volume

The crypto market enters August 2025 with traders debating whether a muted altcoin season is underway. While the Altcoin Season Index sits below 40, suggesting Bitcoin dominance remains strong, selective altcoins are showing renewed traction. Three tokens stand out in this cycle: Cardano, Dogwifhat, and Fartcoin. Each reflects a different strand of the current rotation, blending utility, speculation, and liquidity in a cautious market. Cardano Price Holds Amid Ecosystem Growth Cardano is currently trading at $0.77 , giving ADA a market cap of about $27 billion, according to CoinMarketCap. Daily trading volume remains above $1.1 billion, showing that liquidity is intact despite the broader altseason index indicating only limited participation. Cardano’s ecosystem is a key driver. Hydra Layer‑2 scaling is live, and the Mithril fast‑sync protocol continues to roll out, designed to reduce node sync times. Governance through the Voltaire upgrade is also progressing, offering ADA holders more influence over treasury allocation. Stablecoin activity has also helped sustain interest. Both Djed and USDA remain active on Cardano, expanding liquidity for DeFi applications. DeFiLlama reports a total value locked of nearly $470 million, marking steady growth through July. Social traction reinforces the picture. LunarCrush data shows steady mentions through July, reflecting renewed retail engagement. These factors together have kept ADA resilient in an otherwise selective altcoin season. Dogwifhat Price Reflects Altcoin Season Dogwifhat’s price sits at roughly $0.96, giving the token a market cap of nearly $964 million. Trading volume has held above $320 million over the past 24 hours, based on CoinMarketCap. For a meme coin launched only in 2023, those figures show persistent speculative activity. Dogwifhat Price (Source: CoinMarketCap) Dogwifhat thrives on its role in meme trading cycles. Whale wallets remain active, and their presence across Solana‑based exchanges ensures strong liquidity. While the token has no utility functions beyond trading, its ability to sustain volume and engagement shows its position as a meme‑driven liquidity hub. Traders note that meme assets often gain visibility during altseason rotations, even when the broader market remains cautious. Dogwifhat fits this pattern, attracting attention in a muted environment while contributing to the idea that altcoin season may be forming at the margins. Fartcoin Price Gains on Liquidity Momentum Fartcoin’s price is around $1.05 , supported by a $1.05 billion market cap and $280 million in 24‑hour volume. Fartcoin entered the market as a parody token but has since built consistent liquidity across decentralized exchanges. Its verified contract and strong daily turnover differentiate it from short‑lived meme projects. Weekly performance has also shown steady inflows, supported by active Telegram communities and mentions on LunarCrush. Though lacking functional use cases, its ability to draw liquidity has made it part of altseason conversations, especially among traders seeking high‑beta opportunities when Bitcoin dominance weakens. Altseason Remains Uneven The Altcoin Season Index remains below the threshold of 75 that defines a broad altcoin season. At around 38, the current reading points to selective rotation rather than widespread participation. Bitcoin dominance, above 60% per TradingView’s BTC.D chart, reinforces that most capital remains concentrated in BTC. Bitcoin Dominance (Source: TradingView) Yet the persistence of activity in ADA, Dogwifhat, and Fartcoin suggests that even in a shallow altseason, traders are finding ways to express risk appetite. Cardano represents a long‑standing utility‑driven play, while Dogwifhat and Fartcoin show the meme and liquidity side of speculative markets. If ETF inflows and network upgrades continue to support capital allocation, the current altcoin season could deepen into Q3 and Q4. For now, attention is selective. Tokens like ADA, Dogwifhat, and Fartcoin remain in rotation, showing how narrative, liquidity, and engagement define momentum even when broader altseason signs stay muted.

Author: CryptoNews

2025/08/01

Nasdaq extends gains after Meta, Microsoft earnings

Nasdaq extends gains after Meta, Microsoft earnings

U.S. stocks edged higher on Thursday to extend gains seen in the previous session, with the S&P 500 and Nasdaq rising amid a sentiment boost from Big Tech earnings. S&P 500 and Nasdaq surged 0.9% and 1.3% respectively in early…

Author: Crypto.news

2025/07/31

Key U.S. inflation gauge rises while consumer spending nearstagnation

Key U.S. inflation gauge rises while consumer spending nearstagnation

PANews reported on July 31st that according to Jinshi, the Federal Reserve's preferred core inflation measure accelerated in June, reaching one of the fastest rates so far this year, while

Author: PANews

2025/07/31

The U.S. core PCE price index was 2.8% in June and 0.3% in June.

The U.S. core PCE price index was 2.8% in June and 0.3% in June.

PANews reported on July 31st that according to Jinshi, the annual rate of the US core PCE price index in June was 2.8%, in line with expectations of 2.70%, and

Author: PANews

2025/07/31

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