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Indonesia to Raise Crypto Transaction Taxes While U.S. Looks to Cut Them

Indonesia’s crypto space is currently undergoing a significant shift as the government is introducing revised tax regulations effective August 1. The new tax regime imposes a 0.21% levy on domestic crypto trades and a 1% tax on international exchange transactions. The updated framework seeks to tap into the burgeoning crypto sector’s growing revenue potential, driven

The post Indonesia to Raise Crypto Transaction Taxes While U.S. Looks to Cut Them appeared first on CoinGape.

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