Indonesia has adopted the Crypto-Asset Reporting Framework (CARF) as part of its commitment to the automatic exchange of tax information between jurisdictions.
This implementation is supported by:
Minister of Finance Regulation No. 108 of 2025
Article 9 of Government Regulation in Lieu of Law (Perppu) No. 1 of 2017
Law No. 9 of 2017 concerning Access to Financial Information for Tax Purposes
International agreements, including:
Convention on Mutual Administrative Assistance in Tax Matters (MAAC)
CARF Multilateral Competent Authority Agreement (CARF MCAA)
Indonesia is scheduled to commence CARF information exchange in 2027 for the 2026 reporting period.
What is a CARF Reporting Crypto-Asset Service Provider?
A CARF Reporting Crypto-Asset Service Provider (CASP) is an entity or individual that, in the course of its business activities:
Facilitates the exchange or transfer of crypto-assets;
Acts as a counterparty in transactions;
Acts as an intermediary; or
Provides a platform for crypto-asset trading.
As a crypto-asset trading platform, BTSE Indonesia falls within the category of a CARF Reporting Crypto-Asset Service Provider in accordance with Regulation No. 108 of 2025.
Why Are Users Required to Complete Self-Certification?
As part of its due diligence obligations, BTSE Indonesia is required to collect users’ tax-related information to determine:
Country of tax residence;
Tax Identification Number (TIN); and
Other relevant tax status information.
This information is necessary to comply with reporting obligations under Regulation No. 108 of 2025 and the international CARF framework.
As part of its commitment to regulatory compliance and tax transparency, BTSE Indonesia supports the implementation of the Crypto-Asset Reporting Framework (CARF) in accordance with applicable regulations. Users are expected to understand these obligations and ensure that the information provided is accurate and up to date. For further assistance, please contact our Customer Support team.
