BTC $67,488.00 (-1.23%)
ETH $1,947.89 (-1.50%)
XRP $1.39 (-3.46%)
BNB $614.02 (-1.96%)
SOL $83.43 (-2.64%)
TRX $0.29 (+0.56%)
DOGE $0.10 (-4.00%)
BCH $570.01 (+0.88%)
ADA $0.27 (-3.62%)
LEO $8.20 (-2.32%)
HYPE $28.94 (-2.58%)
LINK $8.66 (-2.82%)
CC $0.16 (-0.27%)
XMR $326.42 (+0.22%)
XLM $0.15 (-4.63%)
RAIN $0.01 (+1.71%)
HBAR $0.10 (-2.75%)
LTC $53.35 (-3.10%)
ZEC $245.03 (-6.16%)
AVAX $8.82 (-3.98%)

Indonesia vs Trinidad and Tobago

Crypto regulation comparison

← Back to map | Indonesia | Trinidad and Tobago
Indonesia

Indonesia

Trinidad and Tobago

Trinidad and Tobago

Legal
Restricted

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.

Trinidad and Tobago's crypto sector is largely unregulated. The Central Bank, TTSEC, and FIU jointly warned in 2019 that crypto providers are neither regulated nor supervised. A 2025 Virtual Assets Bill proposes banning crypto transactions until December 2027 with fines up to M TTD. Most banks block crypto purchases.

Tax Type Varies
Tax Type Unclear
Tax Rate 0.21% (domestic exchange) / 1% (foreign platform)
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator OJK (Otoritas Jasa Keuangan) since January 2025
Regulator Central Bank of Trinidad and Tobago (CBTT), TTSEC
Stablecoin Rules Crypto traded as commodities; stablecoin-specific rules under development with OJK transition
Stablecoin Rules No 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
  • Joint 2019 advisory: crypto providers neither regulated nor supervised
  • Virtual Assets Bill 2025 proposes ban on crypto transactions until December 2027
  • Most commercial banks block crypto-related transactions
  • Proposed fines up to M TTD for unauthorized virtual asset activities
  • TTSEC designated as primary regulator under proposed legislation
Sources
Sources