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Indonesia has revamped its cryptocurrency regulatory framework for 2025, transferring oversight from Bappebti to the Financial Services Authority (OJK). The OJK has begun issuing licenses for Digital Financial Assets (DFA) traders and introduced a new tax regime, effective January 2025, which includes VAT and income tax on crypto transactions and mining activities. Additionally, the OJK has expanded the list of tradable crypto assets to 1,444, up from Bappebti's 851, to enhance consumer protection and secure trading environments. These regulatory changes have bolstered Indonesia's position as a crypto-friendly nation, with the country ranking third globally in crypto adoption in Q1 2025. Popular cryptocurrencies such as USDT, BTC, DOGE, PEPE, and XRP are significantly contributing to transaction volumes, reflecting the growing interest and activity in the Indonesian crypto market.

BTC+0.85%DOGE+0.66%PEPE+1.03%USDT+0.03%XRP+0.53%

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