Tag: Indonesia
Indonesian Commodities Regulator Bappebti Forms Committee to Monitor Crypto Industry
The Crypto Asset Committee has representatives from Bappebti, various government ministries, crypto bourses, clearing institutions, associations, acad [...]
Indonesian Authorities Bust Synthetic Marijuana Lab Supported by Crypto
The syndicate had been operating for six months before being apprehended last week.
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Indonesia’s Election Results May Be Good for Crypto, Industry Watchers Say
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Indonesia Central Bank Unexpectedly Hikes Rate
Indonesia’s central bank surprised markets on Wednesday with an unexpected quarter-point rate hike to strengthen the rupiah.The Board of Governors of [...]
Indonesian President Joko Widodo Warns of Money Laundering via Crypto and NFTs
Gibran, the son of current President Widodo, vocally emphasized that Indonesia needs blockchain and crypto experts to advance the country's technologi [...]
Apple Considering Production In Indonesia
Tech giant Apple Inc. is considering the possibility of manufacturing its devices Indonesia, reports said citing Chief Executive Tim Cook.During a mee [...]
Indonesia Forex Reserves Fall to 4-Month Low — TradingView News
Foreign exchange reserves in Indonesia dropped to USD 140.4 billion in March 2024 from USD 144 billion in the previous month, pointing to the smallest [...]
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.
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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.
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