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Author Topic: List of court cases, complaints, regulatory actions, etc.  (Read 244551 times)
Bitcoin Smith
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February 01, 2025, 06:06:11 PM
 #241

what about India? Is it legal?

Yes Bitcoin is legal in India, FIU drawn frameworks for crypto exchanges earlier and only the exchange comply with the rules can operate in India.

Also in the year 2023, Government passed a bill for 30% capital gains tax as well as 1% TDS which is still the tax rates for crypto assets. The approach from government is not friendly towards crypto adoption by having 30% capital gains also strict monitoring of crypto transfer discourage people and affecting the adoption rate in India.

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indo.lawyer17
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August 24, 2025, 04:32:46 AM
 #242

Crypto Taxation in Indonesia: Key Insights into MOF Regulation No. 50/2025

Indonesia Ministry of Finance (MoF) Regulation No. 50/2025 establishes a clear framework for crypto taxation in Indonesia, introducing VAT on digital asset transactions and income tax on profits for both individuals and businesses. The regulation applies not only to local traders but also to foreign companies with significant economic presence, while requiring strict reporting and 10-year record-keeping. Non-compliance may result in penalties, audits, or criminal sanctions, making professional legal guidance essential for businesses and investors navigating Indonesia’s evolving crypto landscape.

Source:
https://kusumalawfirm.com/article/crypto-taxation-in-indonesia-key-insights-into-mof-regulation-no-50-2025/
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