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The establishment of a US crypto strategic reserve has started a global trend of nations interested in holding crypto assets like Bitcoin. Here are the countries expressing interest in holding crypto. National crypto reserves seem to be all the rage…
BTC
Bitcoin
News
Indonesia’s crypto tax revenue continues to rise, reaching as high as $36.40 million yearly. The government is preparing to hike up the tax rate for crypto transactions this month. According to data from the Directorate General of Taxes reported by…
News
The Indonesian government plans to raise taxes on cryptocurrency transactions, effective immediately starting from August 1. The new law will apply to overseas exchanges, domestic exchanges and more. According to a recent Reuters report, a new finance ministry regulation is…
News
Indonesia’s digital ministry has frozen World Network’s local operating license after authorities found the project was operating under a registration belonging to a different legal entity. Indonesia’s Ministry of Communication and Digital — also known as Komdigi — has temporarily…
WLD
Worldcoin
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Fasset collaborates with Kitabisa’s institution partner for Islamic donations to facilitate zakat payments through USDT, making it easier for Indonesian crypto users to make religious donations. In a press release sent to crypto.news, Dubai-based crypto trading platform Fasset has announced…
USDT
Tether
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In an exclusive interview with crypto.news, Mohammed AlKaff AlHashmi, talks about Indonesia’s potential as a crypto hub after receiving regulatory approval for the HAQQ’s native token from the country’s FSA. Indonesia is currently ranked as the third-highest country in terms…
News
Police in Jakarta have dismantled a crypto romance scam syndicate that targeted victims on dating apps and duped them using a fake crypto trading platform. The Metro Gambir Police in Central Jakarta have arrested 20 suspects in connection with an…
News
TRIV, an Indonesian crypto exchange, has launched TRIV Crypto Futures, in partnership with Commodity Futures Trading Supervisory Agency and the Indonesian Crypto Exchange. On Jan. 30, TRIV has launched a new feature on their crypto trading application, TRIV Crypto Futures.…
News
The transition of crypto asset oversight in Indonesia from the Commodity Futures Trading Agency to the Financial Services Authority is reportedly facing delays due to a lack of supporting government regulation. According to a recent report by Jakarta Globe, the…
News
Bank Indonesia has successfully completed the Proof of Concept (PoC) for its Wholesale Rupiah Digital Cash Ledger.
News
Indonesia, one of the most adaptive countries for crypto in the world, has reached a new milestone with transactions of over 475 trillion Indonesian rupiah, or $30 billion. The country’s crypto regulator, Commodity Futures Trading Supervisory Agency (Bappebti), cryptocurrency market…
News
Data from Indonesian regulators reveal that more than 60% of crypto investors in Indonesia consist of Gen Zs and Millennials in the age range of 18 to 30 years old. According to a report by local Indonesian media Kompas.id, cryptocurrency…
News
The Indonesian Commodity Futures Trading Regulatory Agency has extended the deadline for crypto exchanges to meet the necessary requirements to get their Physical Crypto Asset Traders license as part of a revised government bill. In an Oct. 20 press release,…
News
The Indonesian National Post Office has launched the country’s first Non Fungible Token postage stamp depicting the bird of paradise, Cenderawasih. On Sept. 27, Indonesia‘s National Post Office, Pos Indonesia, launched the country’s first NFT postage stamp to commemorate the…
News
Stablecoins settled $3.7 trillion in 2023 and are on pace to reach $5.28 trillion in 2024, with growing usage beyond exchange settlement, new research shows. Stablecoins continue to solidify their role in the global financial landscape, with settlement volumes reaching…
News
Indonesia has entered Chainalysis’ global crypto adoption index for the first time, climbing into the top 3 as global crypto activity surged past 2021 bull market levels. Indonesia has made its debut in Chainalysis‘ global crypto adoption index, climbing to…
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