Indonesia

Tax

Indonesia Considers Levying Tax on Crypto Profits

Jamie CrawleyMay 11, 2021

The country is seeking to bolster revenue amid COVID-19.

Opinion

An Indonesian Chef and the Remittance Industry’s $554B Problem

Leah Callon-ButlerJun 13, 2020

When the coronavirus forced Chef Bagus to conduct his cooking classes online, he needed a good payment system. There wasn't one, but his customers helped find a workaround.

Public Listing

Indonesian Crypto Exchange Tokocrypto Eyes Public Listing

Jamie CrawleyJun 2, 2021

Tokocrypto's CEO indicated it plans to go public in two to three years.

Exchanges

Binance Invests in Regulated Indonesian Crypto Exchange

Paddy BakerMay 12, 2020

Binance is betting on Indonesia as a promising market for cryptocurrency trading.

Payments

What Indonesia Reveals About Facebook’s Cryptocurrency Ambitions

Leigh CuenJun 26, 2019

Facebook’s omnipresence in Indonesia raises questions about how Libra will impact retail users.

Indonesia

Asia

Indonesia Passes Rules for Trading of Cryptocurrency Futures

Yogita Khatri

An Indonesian financial watchdog has set out new regulations for the trading of crypto assets on futures exchanges in the country.

Indonesia

Indonesian Regulator Gives Green Light for Crypto Futures Trading

Wolfie Zhao

Indonesia's futures watchdog has reportedly ruled that cryptos are commodities that can be traded on the country's futures exchange. 

Indonesia

Sumatra to Pilot Blockchain App for ‘Decentralised Decision-Making’

Sujha Sundararajan

Australian startup Horizon State is launching a blockchain app pilot in Sumatra that could eventually allow citizens to vote in elections.

Indonesia

Indonesia’s Central Bank Mulls Bitcoin Payments Ban

Sujha Sundararajan

Indonesia's central bank has revealed that it is considering regulations that would outlaw bitcoin transactions from 2018.

Asia

Indonesia’s AML Watchdog Links Bitcoin to Islamic State

Pete Rizzo

Islamic State (IS) militants are now using bitcoin, according to reports from authorities in Indonesia.

Venture Capital

Bitcoin Startup BitX Extends Series A With Undisclosed Funding

Pete Rizzo

Bitcoin exchange and wallet provider BitX has extended its Series A round to include undisclosed funding from Venturra Capital.

Exchanges

BitX Expands Bitcoin Buying Service to Indonesia

Jon Southurst

BitX is expanding into the world's second-fastest growing economy, Indonesia, bringing a fixed-price bitcoin exchange to its 252 million inhabitants.