Back to today’s briefing

Story perspectives

Indonesia Taxes Crypto, Japan Faces Scorching Heatwave

7/31/2025

33 4

Summary

Story summary

Indonesia is set to impose a 1% tax on cryptocurrency transactions for foreign sellers beginning August 1, officially categorizing crypto as a financial asset. In Japan, a scorching 41.2°C temperature has triggered heatstroke warnings across 33 prefectures. Meanwhile, Google is gearing up to endorse the EU's AI code of practice, navigating the delicate balance between regulation and innovation.

1 of 1

Story summary

Indonesia is set to impose a 1% tax on cryptocurrency transactions for foreign sellers beginning August 1, officially categorizing crypto as a financial asset. In Japan, a scorching 41.2°C temperature has triggered heatstroke warnings across 33 prefectures. Meanwhile, Google is gearing up to endorse the EU's AI code of practice, navigating the delicate balance between regulation and innovation.