Indonesia to impose 0.1% crypto tax starting in May: Report
The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork.
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Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading
Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always beware of fraudulent Ponzi schemes…
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
The warning from the Financial Services Authority (OJK) comes on the heels of several calls for a crypto ban from Islamic NGOs in the country.
Indonesia’s Crypto Industry in 2021: A Kaleidoscope
The Indonesian cryptocurrency industry and market experienced notable growth in 2021.
Vibe killers: Here are the countries that moved to outlaw crypto in the past year
From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools.
22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea
Ghozali spent five years clicking selfies in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021.
Binance Developing Crypto Exchange in Indonesia
Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of…
Binance partners with Indonesian telco to develop new crypto exchange
Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country.
Binance reportedly in talks to launch crypto exchange in Indonesia
Binance is reportedly in talks with the richest family in Indonesia regarding a new crypto venture.
Indonesia’s Central Bank Considers Issuing Digital Currency to ‘Fight’ Crypto
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…