CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said.
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Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements…
Indonesia’s national Islamic council reportedly declares Bitcoin haram
While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia.
Major Indonesian Islamic organization declares crypto ‘haram’ — or forbidden
The Indonesian Islamic group NU says crypto is too volatile to be legal under Islamic law.
Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency
A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a…
Report: Indonesia leads global surge in interest in crypto
Indonesia saw a massive 1,772% increase in the number of people engaging with articles about crypto, a new survey claims.
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they…