🚀🇮🇩 Indonesia's crypto regulator wants the government to rethink taxes on the industry! 😂

🔍 Currently, crypto is taxed as a commodity, but this classification may change when it comes under the supervision of the financial services authority OJK next year.

🌱 Bappebti official said that the digital asset sector is still in its infancy and needs room to grow before making significant tax contributions to the national income.

🤔 Current taxes were described as a burden for users and service providers. Indonesian crypto exchanges attributed the decline in trading volume to taxes last year, with a 60% drop since 2022.

📢 Bappebti did not specify how taxes would be reviewed, but is likely seeking the abolition of VAT to match the treatment of stocks.

👇 Do you think the Indonesian government should rethink taxes? We are waiting your comments! 😄