BTC $66,880.00 (+0.77%)
ETH $1,939.92 (-0.79%)
XRP $1.41 (-1.96%)
BNB $604.07 (-0.90%)
SOL $81.81 (+0.74%)
TRX $0.28 (+1.52%)
DOGE $0.10 (-1.14%)
BCH $559.88 (+0.27%)
ADA $0.27 (-0.99%)
LEO $8.68 (+1.84%)
HYPE $28.73 (+0.51%)
XMR $333.36 (+0.06%)
LINK $8.51 (-1.51%)
CC $0.16 (-6.54%)
XLM $0.16 (-1.77%)
RAIN $0.01 (+1.63%)
ZEC $261.80 (-4.57%)
HBAR $0.10 (-1.61%)
LTC $52.60 (-1.62%)
AVAX $8.88 (-0.48%)

Indonesia vs Mongolia

Crypto regulation comparison

← Back to map | Indonesia | Mongolia
Indonesia

Indonesia

Mongolia

Mongolia

Legal
Legal

Cryptocurrency is legal in Indonesia and classified as a commodity (not currency). Bappebti regulated crypto since 2019, but authority transitioned to OJK (Financial Services Authority) in January 2025. Under PMK 50/2025 (effective August 2025), crypto transactions incur a 0.21% final income tax via domestic exchanges (1% via foreign platforms). VAT on crypto transfers was abolished as crypto was reclassified as digital financial assets.

Mongolia adopted the Law on Virtual Asset Service Providers (VPSP) in December 2021, establishing a comprehensive regulatory framework. The Financial Regulatory Commission (FRC) registers and supervises crypto exchanges. Over 12 licensed exchanges serve 850,000+ customers. Crypto mining is legal and growing, with tax incentives for renewable energy use.

Tax Type Varies
Tax Type Income
Tax Rate 0.21% (domestic exchange) / 1% (foreign platform)
Tax Rate 10-25%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator OJK (Otoritas Jasa Keuangan) since January 2025
Regulator Financial Regulatory Commission (FRC) of Mongolia
Stablecoin Rules Crypto traded as commodities; stablecoin-specific rules under development with OJK transition
Stablecoin Rules No specific stablecoin regulation
Key Points
  • Crypto regulated by OJK since January 2025, transitioned from Bappebti
  • 0.21% final income tax on (PPh Art. 22) crypto transaction value for sales per PMK 50/2025
  • VAT abolished under PMK 50/2025; reclassified as digital financial assets
  • Only crypto assets approved and listed by Bappebti can be traded on licensed exchanges
  • Indonesia launched a national crypto exchange (Bursa Kripto Indonesia) in 2023
Key Points
  • Law on Virtual Asset Service Providers (VPSP) adopted December 2021
  • FRC registers and supervises crypto exchanges under VPSP law
  • Over 12 licensed exchanges serving 850,000+ customers
  • Crypto exchange income is taxable and exempt from VAT
  • Mongolia launched blockchain-based OTC securities trading in 2025
Sources
Sources