Indonesia
Hong Kong and Indonesia Partner on QR Payments
HKMA and Bank Indonesia sign MoU to enhance QR code-based cross-border payments, targeting faster and more inclusive systems.
IDRX Rupiah Stablecoin Launches on Celo, Expands FX Reach
IDRX, a regulated Indonesian rupiah stablecoin, debuts on Celo, connecting Indonesia's economy to global onchain FX markets.
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.