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Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments

Post author:MiamiCrypto
Post published:July 23, 2022
Post category:Bank Indonesia CBDC CBDCs Central Bank Crypto Cryptocurrencies Cryptocurrency Digital Currencies Digital Currency digital rupiah Finance Indonesia Indonesian legal tender means of payment Payments project Rupiah

The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country…

Indonesia’s Central Bank Considers Issuing Digital Currency to ‘Fight’ Crypto

Post author:MiamiCrypto
Post published:December 1, 2021
Post category:Bank Indonesia CBDC cbdc vs crypto cbdc vs cryptocurrency Central Bank indianesian central bank indo Indonesia Indonesian Indonesian central bank legal tender Regulation

Bank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use of cryptocurrency. “A CBDC would be one of the tools…