Industry's Role Deemed Strategic for Rp1.96 Trillion Crypto Tax Revenue
Jakarta (ANTARA) - The contribution of the crypto asset industry to state revenues is seen as showing a positive trend, with crypto transaction tax collections reaching Rp1.96 trillion from 2022 to February 2026.
Indodax CEO William Sutanto stated that this achievement demonstrates that the crypto industry is not only growing in terms of investment but also actively contributing to state revenues through the fulfilment of tax obligations.
“Tax contributions reflect our commitment to fulfilling obligations as compliant crypto industry players in line with regulations,” he said in his statement in Jakarta on Thursday.
According to him, compliance with regulations is an important foundation for the sustainability of the crypto ecosystem in Indonesia, in line with increasing public adoption and the integration of the digital asset industry into a more formal national economic system.
The Directorate General of Taxes (DJP) of the Ministry of Finance recorded that from 2022 to February 2026, crypto transaction tax realisations reached Rp1.96 trillion, derived from PPh 22 amounting to Rp1.09 trillion and domestic VAT of Rp875.31 billion, as part of the total digital economy tax of Rp48.11 trillion.
Meanwhile, William mentioned that during that period, Indodax recorded tax payments of Rp907.11 billion, derived from PPh 22 of Rp520.16 billion and VAT of Rp386.95 billion.
“These figures show that we contribute around 46.3% of the total national crypto tax revenue, reflecting an active role in supporting compliance and industry growth,” he said.
Since its implementation in May 2022, national crypto tax revenues have continued to show increases, from Rp246.54 billion in 2022 to Rp220.89 billion in 2023, rising to Rp620.38 billion in 2024.
Then in 2025, it reached Rp796.73 billion and Rp84.7 billion in early 2026.
On the other hand, total digital economy tax revenues are still dominated by the Electronic System-Based Trading (PMSE) sector at Rp37.40 trillion, followed by peer-to-peer lending fintech at Rp4.64 trillion and the Government Procurement Information System (SIPP) at Rp4.11 trillion.
This, according to William, shows that although crypto’s contribution is still relatively smaller, its growth has been progressive since implementation in 2022.
Regarding government policies that will continue to strengthen supervision, expand the tax base, and increase business compliance through regulation optimisation and the use of information technology, he views these steps as strengthening the crypto industry’s foundation while encouraging its contribution to the national economy.
On that occasion, William also emphasised the importance of collaboration and education in building a sustainable national crypto industry.
The growth in the number of consumers, he added, is a signal that public understanding of crypto assets is increasingly mature, so collaboration with various stakeholders and education are key to ensuring investors not only understand opportunities and potential profits but also the attached obligations, including taxes.
Through various initiatives, his side supports regulators’ efforts to promote a transparent, secure, and sustainable digital asset ecosystem in line with applicable regulatory frameworks, as well as strengthening education to provide long-term benefits for society and the state.