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Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May
4.4.2022
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes,...
Celebrity tokens: Signs of rising crypto adoption in Indonesia
3.4.2022
Some of Indonesia's best-known celebs have helped fan the flames of interest in digital assets
Indonesia’s cryptocurrency community in 2022: An overview
2.4.2022
Regulations, exchanges and local adoption help cryptocurrencies gain traction in Indonesia
Indonesia to impose 0.1% crypto tax starting in May: Report
1.4.2022
The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork
Indonesia to Charge 0.1% Tax on Crypto Transactions, Investments: Report
1.4.2022
Indonesia is planning to charge value-added tax (VAT) on crypto transactions and capital gains on investments at 0.1% from May 1
Litedex Protocol, the First DEX in Indonesia Supported by Deputy Minister of Trade as a Meta Finance Blockchain Developer, to be listed on LBank
20.3.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 20th, 2022 – LBank Exchange, a global digital asset trading platform, will list Litedex (LDX) on March 23, 2022. For all users of LBank Exchange, the LDX/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 23, 2022....
Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading
26.1.2022
Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always beware of fraudulent Ponzi schemes under the guise of crypto. Indonesian Regulator’s...
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
25.1.2022
The warning from the Financial Services Authority (OJK) comes on the heels of several calls for a crypto ban from Islamic NGOs in the country
Indonesian Regulator Warns About Cryptoasset Offers, Sales by Financial Services Companies
25.1.2022
As major crypto industry players are intensifying efforts to access the Indonesian market, the country’s regulator Financial Services Authority (OJK) has reminded market participants that financial services companies are not allowed to offer and facilitate sales of cryptoassets.
The agency said...
Indonesia's Crypto Industry in 2021: A Kaleidoscope
24.1.2022
The Indonesian cryptocurrency industry and market experienced notable growth in 2021
Vibe killers: Here are the countries that moved to outlaw crypto in the past year
23.1.2022
From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools
Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country’s Muslim Population
21.1.2022
Indonesia’s Tarjih Council and the Central Executive Tajdid of Muhammadiyah have issued a fatwa (decree) stipulating the illegality of cryptocurrency use or investment by the country’s Muslims. The fatwa points to the volatility as well as the lack of state backing as reasons...
IMF Warns of Dangers of Fed’s Rate Rise, Brazil Says Inflation ‘Won’t Be Temporary in West’
21.1.2022
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has warned that the Federal Reserve (Fed)'s next interest rate hike could “throw cold water on nations with high levels of dollar debt” – and their recovery from the COVID-19 pandemic’s economic...
Indonesian Islamic organization issues new fatwa against crypto use
20.1.2022
The fatwa pointed towards two critical issues with cryptocurrencies that make them illegal as an investment tool as well as a medium of exchange
22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea
16.1.2022
Ghozali spent five years clicking selfies in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021
Student's Selfie NFT Collection Goes Up 876% in 24H Volume
13.1.2022
Ghozali Ghozalu, a 22-year-old student from Indonesia, has turned 933 selfies into a viral non-fungible token (NFT) collection, dubbed “Ghozali Everyday.” Ghozali initially sold each item at ETH 0.001 (USD 3.37), but the floor price has since appreciated to ETH 0.25 (USD 843).
"I took photos...
Student's Selfie NFT Collection Goes Up 876% in 24H Volume
13.1.2022
Ghozali Ghozalu, a 22-year-old student from Indonesia, has turned 933 selfies into a viral non-fungible token (NFT) collection, dubbed “Ghozali Everyday.” Ghozali initially sold each item at ETH 0.001 (USD 3.37), but the floor price has since appreciated to ETH 0.25 (USD 843).
"I took photos...
Binance Developing Crypto Exchange in Indonesia
19.12.2021
Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency...
More Banking Giants Eye Crypto, New Investment Products, US Debt Ceiling + More News
15.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: More Banking Giants Eye Crypto, New Investment Products, US Debt Ceiling + More News
Binance partners with Indonesian telco to develop new crypto exchange
15.12.2021
Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country