Tag: Indonesias

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Indonesia’s forex reserves drop to 136.2 bln USD in April-Xinhua

Indonesia’s forex reserves drop to 136.2 bln USD in April-Xinhua

People walk on a pedestrian bridge at Sudirman street in Jakarta, Indonesia, on May 8, 2024. (Xinhua/Veri Sanovri)JAKARTA, May 9 (Xinhua) -- Indonesia [...]
Indonesia’s Election Results May Be Good for Crypto, Industry Watchers Say

Indonesia’s Election Results May Be Good for Crypto, Industry Watchers Say

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Indonesia’s Crypto Market Booms as Transactions Hit $1.92B in February

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

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

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’s Crypto Tax Revenue Falls 63% in 2023 Despite Bitcoin’s Surge

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 [...]
Why Indonesia’s Upcoming Elections Could Make or Break the Country’s Vibrant Crypto Sector

Why Indonesia’s Upcoming Elections Could Make or Break the Country’s Vibrant Crypto Sector

Another candidate pair is made up of presidential hopeful Ganjar Pranowo and his running mate Mahfud MD, who is a veteran politician and constitutiona [...]
Indonesia’s FX reserves rise to $137.7 bln at end-July

Indonesia’s FX reserves rise to $137.7 bln at end-July

JAKARTA, Aug 7 (Reuters) - Indonesia's foreign exchange reserves rose by about $200 million to $137.7 billion in July, equivalent to 6.2 months worth [...]
Indonesia’s Long Awaited Crypto Exchange, Clearing House Starts Operations

Indonesia’s Long Awaited Crypto Exchange, Clearing House Starts Operations

"The establishment of exchanges, clearing houses and managers of crypto asset storage is proof that the government is present in an effort to create a [...]
Behind the Scenes on Indonesia’s New Official Crypto Exchange

Behind the Scenes on Indonesia’s New Official Crypto Exchange

Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be com [...]
Indonesia’s forex reserves increase to 137.2 billion USD at year-end-Xinhua

Indonesia’s forex reserves increase to 137.2 billion USD at year-end-Xinhua

JAKARTA, Jan. 6 (Xinhua) -- Indonesia's foreign exchange reserves stood at 137.2 billion U.S. dollars at the end of December 2022, up from the prev [...]
Indonesia’s Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report

Indonesia’s Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report

Kripto Maksima is one of 25 crypto exchanges registered with Indonesia's Commodity Futures Trading Regulatory Agency, known as Bappebti. The regulator [...]
Indonesia’s forex reserves drop to $132.2 bln in July

Indonesia’s forex reserves drop to $132.2 bln in July

JAKARTA, Aug 5 (Reuters) - Indonesia's foreign exchange reserves fell by $4.2 billion last month to reach $132.2 billion at the end of July due to pa [...]
Indonesia’s cryptocurrency community in 2022: An overview

Indonesia’s cryptocurrency community in 2022: An overview

Crypto is the next big thing in Indonesia. According to the Ministry of Trade, transactions for currencies like Bitcoin (BTC) grew over 14 times from [...]
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