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Nalezeno "Indonesia": 219

Indonesia Quadruples Tax on Overseas Crypto Trades


Indonesia will hike tax rates on cryptocurrency transactions starting August 1, with sellers on domestic exchanges now facing a 0.21% tax on transaction value, while those using overseas exchanges will see their rate increase to 1%. Crypto’s Rising Popularity Fuels Tax Adjustments Indonesia...

Indonesia’s DigiAsia shares pop 90% on plan to raise $100M to buy Bitcoin


Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The Jakarta-based Nasdaq-listed company said on May 19 that its board of directors approved creating a Bitcoin (BTC) “treasury...

Indonesia Freezes World’s License Over Regulatory Violations


Indonesia has temporarily frozen World’s Electronic System Organizer Registration Certificate (TDPSE) due to alleged violations of electronic system regulations. World’s Violation of Electronic System Rules The Indonesian Ministry of Communication and Digital has temporarily frozen the Electronic...

Indonesia suspends WorldID over alleged registration violations


OpenAI CEO Sam Altman’s digital identity project World, formerly Worldcoin, is facing challenges in Indonesia amid local regulators temporarily suspending its registration certificates.The Indonesian Ministry of Communications and Digital (Komdigi) has halted the Electronic System Operator...

Indonesia Introduces Bullion Banking to Stabilize Foreign Exchange


The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this bullion initiative could “help save the country’s foreign exchange.” Indonesia Launches...

Russia and Indonesia Actively Discuss Mechanisms to Ditch US Dollar


Russia and Indonesia are moving toward ruble-rupiah trade settlements as sanctions and Russia’s SWIFT exclusion drive efforts to establish sustainable, dollar-free financial systems. Indonesia-Russia Trade Sees Shift to Ruble and Rupiah Settlements The global trend of reducing dependence on...

Cryptocurrency Trading in Indonesia Reaches $40 Billion in 2024


Indonesia’s cryptocurrency trading activity experienced a 335.9% expansion in 2024, reaching Rp 650.61 trillion ($40.2 billion), as reported by the Jakarta Globe. The Commodity Futures Trading Regulatory Agency (Bappebti) attributed this exponential growth to an increasing user base...

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