Indonesia targets launch of its national crypto exchange by June
Indonesia’s financial services regulator had hoped to set up the crypto exchange by the end of 2022, but this was delayed by a number of obstacles. Go to Source Powered by WPeMatico
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Indonesia’s financial services regulator had hoped to set up the crypto exchange by the end of 2022, but this was delayed by a number of obstacles. Go to Source Powered by WPeMatico
Cryptocurrencies in Indonesia will be regarded as commodities, according to a new decision by the country’s futures market regulator. It comes after a study concluding that digital coins deserve the commodity status. The government is expected to prepare a broader regulation covering other aspects of the crypto sector including trading and taxation. Also read: Crypto … Read more
Having issued a stark warning to “all parties” against any use of “virtual currency”, Bank Indonesia has now joined forces with local police to prevent bitcoin transactions where they are most likely to take place – in Bali. The island, a popular holiday destination with tourists spending both fiat and crypto, has been targeted by … Read more