Indonesia News

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.
New Year Special
The Indonesian cryptocurrency industry and market experienced notable growth in 2021.
Indonesia’s crypto industry in 2021: A kaleidoscope
Anisa Giovanny
2022-01-24T14:07:00+00:00
1102
Analysis
From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools.
Vibe killers: Here are the countries that moved to outlaw crypto in the past year
David Attlee
2022-01-23T19:25:00+00:00
6282
News
The fatwa points toward two critical issues with cryptocurrencies that make them illegal as an investment tool and a medium of exchange.
Indonesian Islamic organization issues new fatwa against crypto use
Prashant Jha
2022-01-20T09:18:59+00:00
6269
News
Ghozali spent five years clicking selfies in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021.
An Indonesian 22-year-old makes $1M by selling NFT selfies on OpenSea
Arijit Sarkar
2022-01-16T05:47:26+00:00
117008
News
Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country.
Binance partners with Indonesian telco to develop new crypto exchange
Arnold Kirimi
2021-12-15T09:15:52+00:00
12440
News
Binance is reportedly in talks with the richest family in Indonesia regarding a new crypto venture.
Binance reportedly in talks to launch crypto exchange in Indonesia
Prashant Jha
2021-12-10T09:41:29+00:00
6849
News
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Central Bank of Indonesia assistant governor Juda Agung said.
CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
Helen Partz
2021-11-30T11:53:35+00:00
8687
News
While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia.
Indonesia’s national Islamic council reportedly declares Bitcoin haram
Helen Partz
2021-11-11T11:27:36+00:00
22300

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