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Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade
1.9.2024
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...
Indonesia Sees Sharp Decline in Crypto Tax Revenue, Falling 63% in 2023
24.1.2024
The Indonesian government has reported a significant decline in crypto tax revenue for 2023, amounting to $31.7 million (Indonesian Rupiah 467.27 billion), according to a report by local news outlet Kontant. The fall marks a sharp 63% drop compared to the partial collection period in 2022 when...
Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments
23.7.2022
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wants to ensure that it will be exchangeable across borders. Digital Rupiah Concept Expected by Year...
First Rupiah-Backed Stablecoin Launches on Binance and Tokocrypto
30.6.2020
Binance launched the stablecoin on its own blockchain thanks to a collaboration with Indonesian crypto exchange Tokocrypto
Binance Continues Global Push With Launch of P2P Trades for Rupee and Rupiah
14.4.2020
Indian and Indonesian consumers and businesses are now able to trade P2P on Binance
Huobi Indonesia Launches Trading Between Indonesian Rupiah and Tether
27.12.2019
Huobi is launching a fiat gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah and Tether
PR: TRCE – Crypto Exchange Set To Launch In Q4 2019
3.6.2019
The Real Cryptocurrency Exchange (TRCE) is a Seychelles Cryptocurrency company headquartered in Buenos Aires, Argentina (2019) with plans to open offices in Spain (2020) and Singapore (2021). The mission at TRCE is to reduce the access gap in the Cryptocurrency Market worldwide, primarily focusing...