Indonesia raises taxes on crypto sellers, from 0.1% to 0.21% in domestic exchanges, and from 0.2% to 1% in overseas exchanges, but removes VAT on buyers (Stefanno Sulaiman/Reuters)

Read post on techmeme.com

Stefanno Sulaiman / Reuters:Indonesia raises taxes on crypto sellers, from 0.1% to 0.21% in domestic exchanges, and from 0.2% to 1% in overseas exchanges, but removes VAT on buyers  —  Indonesia will raise taxes on cryptocurrency transactions, with a higher rate on trades hosted by overseas bourses, starting from August 1 …