Tag: Indonesia
Indonesia Regulator OJK Says Crypto Products Must Be Evaluated in a Sandbox Before Licensing
"This aligns with our spirit at OJK, particularly in consumer protection and education," Hasan Fawzi, the regulator's head of supervision for financia [...]
Indonesia’s Crypto Market Booms as Transactions Hit $1.92B in February
The country's registered crypto investors also surged to 19 million users last month.
www.coindesk.com [...]
Indonesia’s Finance Regulator Issues New Crypto Regulation to Strengthen Industry
Earlier this month, OJK has been teaming up with financial authorities from Malaysia, Singapore, and Dubai to build a comprehensive crypto policy. The [...]
Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms
While Bappebti has not specified how it wants the Finance Ministry to revise the taxes, it is likely that it seeks the removal of VAT, to match how st [...]
Indonesia Picks Crypto-Friendly Team in Presidential Election
During the presidential campaign, vice-presidential candidate Gibran discussed crypto and blockchain as a means to expand job opportunities for the co [...]
Indonesia’s Crypto Tax Revenue Falls 63% in 2023 Despite Bitcoin’s Surge
On the other hand, bitcoin (BTC) jumped 159% in 2023. Despite this significant market upturn, Indonesia’s crypto tax revenue experienced a downturn, p [...]
Indonesian Crypto Exchanges Blame 60% Drop in Trading Volumes Partly on High Taxes
"Both stocks and crypto are tradable assets with profit potential … Thus, implementing the same tax regime for both these investment instruments would [...]
Indonesia Vice Presidential Candidate Promises to Create 'Crypto Experts' as Election Looms
Indonesia's dynamic crypto market is a focus for politicians looking to use it to fuel the country's economic growth.
www.coindesk.com [...]
Spending and ethics in focus
TikTok has officially launched its e-commerce service TikTok Shop in the US. Costfoto | Nurphoto | Getty ImagesConsumers are increasingly turning to s [...]
Biden Strengthens Ties With Indonesia Despite Tensions Over the War in Gaza
The Biden administration hopes diplomatic comity can withstand any differences over the war in the Middle East as President Joko Widodo of Indonesia v [...]
Indonesia to conduct blockchain trials for public services
Following the launch of its government-backed crypto exchange, the Southeast Asian country of Indonesia is becoming a budding crypto hub that aims to [...]
Indonesia central bank intervenes to balance FX supply-demand, build market confidence-official
JAKARTA : Indonesia's central bank kept a presence in the foreign exchange market to maintain a supply-demand balance and build market confidence, [...]
SBI expands Ripple remittance tech to banks in Vietnam, Indonesia, Philippines
Japanese financial holding company SBI Group has announced that its international remittance services arm SBI Remit has partnered with Ripple and SBI [...]
Indonesia launches its crypto exchange and clearing house
The national cryptocurrency exchange, announced by the Indonesian government a week ago, has begun to function, according to a statement from the coun [...]
Indonesia to launch crypto exchange in July: Report
The government of Indonesia is moving forward with its plans to launch a national cryptocurrency exchange, and expects to debut the platform in the co [...]