Five United States senators have joined hands to fight President Joe Biden’s plans to issue a “digital dollar.”
Indonesia News
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The Commodity Futures Trading Regulatory Agency of Indonesia has urged a reevaluation of the country’s 0.1% capital gains tax and 0.11% VAT on crypto transactions.
8297The region has ambitions to become a global tech hub with a focus on crypto, blockchain and AI, as highlighted by Nathan Kim, marketing director at Unopnd.
3397An unofficial tally reportedly showed Prabowo Subianto and Gibran Rakabuming Raka winning Indonesia’s presidential ticket with roughly 58% of the vote.
1726The government-led AI Singapore aims to scale its AI models for commercial use by 2024, particularly focusing on Southeast Asia, with SEA-LION catering to local languages.
5275According to a local report, Indonesian law enforcement confiscated 1,134 Bitcoin machines, claiming an electricity theft nearing $1 million.
26024Surakarta Mayor Gibran Rakabuming Raka promises to prepare blockchain, crypto, artificial intelligence, and cybersecurity experts to empower Indonesian youth in the digital space.
2117Tuhu Nugraha, who works with the Indonesian government, said the country will soon conduct trials on applying blockchain technology in public service use cases.
6858Blockchain intelligence platform TRM Labs revealed that USDT on the Tron network is the primary choice for transactions among ISIS affiliates across Asia.
20115The platform, monitored by local regulators, will be the only space in the country where the legal exchange of digital assets is allowed.
7059Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said.
13786The community expressed a range of opinions, with some individuals stating that the ban is reasonable, while others went as far as reconsidering their vacation plans.
10934Cryptocurrency trading is legal in Indonesia, but the use of crypto for payments carries hefty penalties, including jail time.
23573Agricultural sectors, such as the coffee market, can integrate blockchain to achieve better traceability, security, and speed.
21799The Deputy of Indonesia’s Ministry of Tourism and Creative Economy explains how NFTs and cryptocurrency can help solve social and economic challenges within Indonesia.
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