INDONESIA
Indonesia, Hong Kong, China Sign MoU to Boost Rupiah and Yuan Trade
Bank Indonesia, PBOC, and HKMA sign MoU to enhance bilateral trade via local currencies, positioning Hong Kong as an offshore yuan hub.
Indonesia Blocks Polymarket, Citing Gambling Laws
Indonesia bans Polymarket after bets on President Prabowo’s exit, labeling it online gambling. The move reflects rising scrutiny of prediction markets.
Indonesia Launches Sovereign AI Initiative with NVIDIA and Partners
Indonesia collaborates with NVIDIA and partners to launch Sahabat-AI, an open-source AI model aimed at enhancing digital sovereignty and inclusivity across various sectors.
Tether (USDT) Partners with Reku to Boost Crypto Education in Indonesia
Tether and Reku announce a collaboration to promote crypto literacy in Indonesia through a roadshow covering ten major cities.
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.
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.
Indonesia's State-Backed Crypto Exchange: An Analysis
Indonesia's state-backed crypto exchange aims to promote transparency, accountability, and investor protection. It is expected to boost crypto adoption.
Indonesia to Launch State-Backed Crypto Exchange by Mid-2023
Indonesia plans to launch a state-backed crypto exchange by mid-2023 to promote a more secure and transparent market, with greater regulatory oversight and investor protection.
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.
Indonesia's Ministry of Trade is reportedly aiming to roll out a national crypto exchange
Indonesian Trade Minister Zulkifli Hasan has set a June 2023 start date for its crypto exchange.
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.
Indonesia Plans to Strengthen Security for Crypto Investments
The Financial Service Authority (OJK) of Indonesia will oversee the regulation, supervision and oversight of crypto investments to improve protection for investors, the Southeast Asian country's minister said on Thursday.
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.
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.
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.