Crypto Tax Reaches IDR 1.96 Trillion, INDODAX Highlights the Strategic Role of the Industry towards the State

JAKARTA - The contribution of the crypto asset industry to state revenues continues to show a positive trend. Based on data from the Directorate General of Taxes (DJP), crypto transaction taxes reached IDR 1.96 trillion throughout 2022 to February 2026 which came from PPh 22 of IDR 1.09 trillion and domestic VAT of IDR 875.31 billion, and became part of the total digital economy tax of IDR 48.11 trillion.

In line with these data, in the same period, INDODAX as the market leader recorded tax deposits of IDR 907.11 billion, originating from PPh 22 of IDR 520.16 billion and VAT of IDR 386.95 billion. This figure shows that INDODAX contributes around 46.3 percent of the total national crypto tax revenue, reflecting its active role in supporting compliance and industry growth.

INDODAX CEO, William Sutanto, said that this achievement shows that the crypto industry is not only growing in terms of investment, but also actively contributing to state revenue through fulfilling tax obligations.

"Tax contributions reflect our commitment to fulfilling our obligations as crypto industry players who comply with regulations. We see compliance as an important foundation for the sustainability of the crypto ecosystem in Indonesia, in line with the increasing adoption of the community and the integration of the digital asset industry into the more formal national economic system," said William, in a statement, Thursday, April 9.

Since the enactment of the crypto tax in May 2022, national crypto tax revenue has continued to show an increase, from Rp246.54 billion in 2022, Rp220.89 billion in 2023, Rp620.38 billion in 2024, Rp796.73 billion in 2025, and reached Rp84.7 billion in early 2026.

On the other hand, the total tax revenue from digital economy is still dominated by the Trade Through Electronic System (PMSE) sector of Rp. 37.40 trillion, followed by peer-to-peer lending fintech of Rp. 4.64 trillion and the Government Procurement Information System (SIPP) of Rp. 4.11 trillion. This shows that although the contribution of cryptocurrencies is still relatively small, its growth is progressive since it was implemented in 2022.

Going forward, the government also emphasized that it would continue to strengthen supervision, expand the tax base, and increase compliance by business actors through the optimization of regulations and the use of information technology. This step is believed to strengthen the foundation of the crypto industry while encouraging its contribution to the national economy.

Closing his statement, William emphasized the importance of collaboration and education in building a sustainable national crypto industry.

"We see that the growth in the number of consumers as a signal that people's understanding of crypto assets is maturing. Collaboration with various stakeholders and education is the key so that investors not only understand the opportunities and potential for profit, but also the inherent obligations, including taxes," he explained.

Through various initiatives, INDODAX supports the efforts of regulators in encouraging a transparent, safe, and sustainable digital asset ecosystem to be in line with the applicable regulatory framework, as well as strengthening education to provide long-term benefits for the community and the country.