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Indonesia to Update Govt Rules for Crypto, Implement More local Control

Indonesia to Update Govt Rules for Crypto, Implement More local Control

The South Asian country's trade ministry is planning to issue rules to govern crypto exchanges that will require two-thirds of the board of directors and commissioners to be Indonesian citizens and live in Indonesia.

Alchemy Pay Scores License to Expand in Indonesia

Alchemy Pay Scores License to Expand in Indonesia

Alchemy Pay has obtained a license from the central bank of Indonesia to operate remittance and fund transfers in cooperation with local fintech firm Berkah Digital Pembayaran. The license allows the firms to offer better payout methods and reduce associated operating costs.

Nvidia to Construct $200M AI Center in Indonesia, Boosting Local AI Talent

Nvidia to Construct $200M AI Center in Indonesia, Boosting Local AI Talent

Nvidia collaborates with Indonesia's government and Indosat to establish a $200 million AI center aimed at infrastructure development and AI skill enhancement.

Indonesia Officially Imposes 0.1% Tax and VAT on Crypto Income and Purchases

Indonesia Officially Imposes 0.1% Tax and VAT on Crypto Income and Purchases

According to CNN Indonesia, Hestu Yoga Saksama, director of tax regulations at the Ministry of Finance, has confirmed that the government has decided to impose a 0.1% tax charge

Indonesian Government to Launch Crypto Exchange Soon

Indonesian Government to Launch Crypto Exchange Soon

The Indonesian government is reportedly set to launch its own digital currency trading platform before the end of the year, after overcoming several delays.

SBI Remit Expands Ripple XRP Based Remittance Services

SBI Remit Expands Ripple XRP Based Remittance Services

SBI Remit expands XRP-based remittance services to Philippines, Vietnam, and Indonesia, integrating Ripple Payments and TRANGLO for real-time, low-cost international payments, accelerating adoption in Southeast Asian markets.

Bank Indonesia Plans to Launch its Central Bank Digital Currency

Bank Indonesia Plans to Launch its Central Bank Digital Currency

Bank Indonesia is planning to launch its central state digital currency in response to the increasingly prosperous cryptocurrency market.

Indonesian Tech Firm GoTo Acquires Local Crypto Exchange For $8.4M

Indonesian Tech Firm GoTo Acquires Local Crypto Exchange For $8.4M

GoTo Gojek Tokopedia Tbk announced that it has entered the digital asset business by acquiring local cryptocurrency exchange PT Kripto Maksima Koin.

Indonesia's Crypto Exchange Launches In 2023

Indonesia's Crypto Exchange Launches In 2023

Crypto platform intended before commodities to securities regulation transition. Didid Noordiatmoko, head of Bappebti, said a crypto exchange should be launched this year. Governor Perry Warjiyo released a digital rupiah idea in December.

China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’

China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’

China’s President Xi Jinping is calling for greater collaboration among ASEAN member states and has asked them to promote a ‘Digital Silk Road’ in the region.

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore’s state investor, Temasek Holdings has officially been named a member of the Facebook-backed digital currency project Libra. Temasek as a portfolio value of 313 billion Singapore dollars (roughly $219 billion), making it one of the more prominent backers of Libra. The Libra Association, an independent group based in Switzerland has also welcomed crypto investor Paradigm and Slow Ventures, a private equity firm.

Klaytn Adds Huobi to Growing Blockchain Governance Council

Klaytn Adds Huobi to Growing Blockchain Governance Council

Klaytn has announced that Huobi has signed on as the latest member of its Governance Council for South Korean internet giant Kakao’s public blockchain project.

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