“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said.
Indonesia’s national Islamic council reportedly declares Bitcoin haram
While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia.
Major Indonesian Islamic organization declares crypto ‘haram’ — or forbidden
The Indonesian Islamic group NU says crypto is too volatile to be legal under Islamic law.
Report: Indonesia leads global surge in interest in crypto
Indonesia saw a massive 1,772% increase in the number of people engaging with articles about crypto, a new survey claims.
Indonesian crypto exchange Pintu raises $35M in Series A
Pintu’s backers believe the exchange has the potential to become one of crypto’s leading brands in Indonesia and Southeast Asia more broadly.
Binance-backed Indonesian crypto exchange considers IPO
Jakarta-based Tokocrypto received an undisclosed investment from Binance in May 2020.
Coinbase leads $6M funding for Indonesian crypto exchange
Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics.
Bank of Indonesia joins central bank digital currency race
After banning crypto payments back in 2017, Indonesia is looking to allow payments in a digital rupiah currency.
Indonesia considers capital gains tax on cryptocurrency trades
A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official.
Indonesian regulators consider tax on cryptocurrency transactions
Officials are considering a tax on all cryptocurrency transactions in Indonesia.
New ASEAN blockchain consortium targets cross-border cooperation
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness.
Gold-as-a-currency: Kinesis launches blockchain-backed monetary system in Indonesia
In partnership with the Indonesian government, Kinesis is using blockchain technology to deliver gold-based financial services to the population.
An Indonesian Chef and the Remittance Industry’s $554B Problem
When the coronavirus forced Chef Bagus to conduct his cooking classes online, he needed a good payment system. There wasn’t one, but his customers helped find a workaround.
Binance Invests in Regulated Indonesian Crypto Exchange
Binance is betting on Indonesia as a promising market for cryptocurrency trading.
What Indonesia Reveals About Facebook’s Libra Plan
Facebook’s omnipresence in Indonesia raises questions about how Libra will impact retail users.
Indonesia Passes Rules for Trading of Cryptocurrency Futures
An Indonesian financial watchdog has set out new regulations for the trading of crypto assets on futures exchanges in the country.
Indonesian Regulator Gives Green Light for Crypto Futures Trading
Indonesia’s futures watchdog has reportedly ruled that cryptos are commodities that can be traded on the country’s futures exchange.
Sumatra to Pilot Blockchain App for ‘Decentralised Decision-Making’
Australian startup Horizon State is launching a blockchain app pilot in Sumatra that could eventually allow citizens to vote in elections.