Crypto tax refers to the obligation to pay taxes levied on profits or income earned from buying, selling or exchanging crypto assets. Each country has different regulations or rules in classifying crypto, some treat it as a capital asset and some consider it a foreign currency. For example, in the UK, crypto is considered a capital asset, so profits from its sale are subject to a 20% capital gains tax. In Italy, crypto is categorized as a foreign currency, and tax is only levied if profits exceed €2,000, at a rate of 26%. Meanwhile, in Indonesia, crypto is considered an object of Value Added Tax (VAT) and Income Tax (PPh). Each crypto transaction is subject to VAT and income tax in accordance with the applicable PMK regulations at the time of order creation.