Indonesia, or officially the Republic of Indonesia, is a state in Southeast Asia. Indonesia is the fourth largest country in the world by population and it is one of the most perspective countries for economic development. In terms of cryptocurrency, Indonesia’s central bank announced that cryptocurrency was illegal in 2017 and, after that, there were meetings conducted with the aim of creating regulations of the cryptocurrency market. Currently, Indonesia’s Bitcoin market is less than one percent of the global cryptocurrency market. There are two Indonesian Bitcoin exchange platforms. However, they sell Bitcoin only at a fixed price. Nevertheless, Indonesian authorities have recently claimed a neutral position about cryptocurrency in Indonesia.
Officials with Indonesia’s Commodity Futures Trading Regulatory Agency could implement a rule for two-thirds of directors and commissioners at crypto firms to b...
Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators
The country’s deputy trade minister confirmed the intention, first voiced last year.
Indonesia plans to set up its crypto bourse by the end of 2022
By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal of becoming "a diverse money management hub."
Indonesian e-commerce giant buys local crypto exchange for $8 million
The latest $113 million fund injection will be redirected to scale the platform’s existing offerings, such as introducing new features and added support for blo...
Indonesia-licensed crypto asset platform Pintu raises $113M in Series B
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021.
New crypto owners nearly doubled in 3 key regions in 2021: Report
Some of Indonesia's best-known celebs have helped fan the flames of interest in digital assets.
Celebrity tokens: Signs of rising crypto adoption in Indonesia
Regulations, exchanges and local adoption help cryptocurrencies gain traction in Indonesia.
Indonesia’s cryptocurrency community in 2022: An overview