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Indonesia News

Indonesia, or officially the Republic of Indonesia, is a state in Southeast Asia. Indonesia is the fourth largest country in the world by population and it is one of the most perspective countries for economic development. In terms of cryptocurrency, Indonesia’s central bank announced that cryptocurrency was illegal in 2017 and, after that, there were meetings conducted with the aim of creating regulations of the cryptocurrency market. Currently, Indonesia’s Bitcoin market is less than one percent of the global cryptocurrency market. There are two Indonesian Bitcoin exchange platforms. However, they sell Bitcoin only at a fixed price. Nevertheless, Indonesian authorities have recently claimed a neutral position about cryptocurrency in Indonesia.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Indonesia’s Commodity Futures Trading Supervisory Agency adopted a legal framework for crypto futures trading.

Indonesia’s Commodity Futures Regulator Releases Regulation for Crypto Futures Market

2019-02-18T16:02:00+00:00

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New legislation introduced in Indonesia recognizes cryptocurrencies as trading commodities and gives legal certainty to crypto exchanges.

Indonesia: New Legislation Recognizes Crypto as Trading Commodity

2019-02-15T22:13:00+00:00

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New regulation requires those looking to offer futures trading to have a starting capital of over $70 million.

Indonesia: $70 Million Capital Requirement for Bitcoin Futures Sparks Anger

2019-02-14T07:46:00+00:00

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The Japanese trading giant will implement blockchain tech for tracing the distribution of raw materials in a PoC.

Japanese Trading Giant Itochu to Develop Blockchain Traceability System in PoC

2019-02-01T09:13:00+00:00

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Decentralized AI company SingularityNET and blockchain-powered agricultural data firm Hara announce a partnership to improve farming in Indonesia.

AI Devs Behind Robot Sophia Partner with Blockchain Agricultural Data Firm

Adrian Zmudzinski

2019-01-21T19:43:00+00:00

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Al Hilal Bank has completed “the world’s first sukuk transaction” using blockchain technology.

Abu Dhabi Bank Reports ‘First’ Blockchain-based Transaction of ‘Sharia-Compliant Bonds’

2018-11-26T11:03:00+00:00

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A U.S. household cleaning supplies manufacturer will open several recycling centers in Indonesia, granting tokens to citizens for plastic waste collection.

US Cleaning Supplies Firm To Open Blockchain Rewards-Based Recycling Centers in Indonesia

2018-10-29T07:47:00+00:00

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World Bank President Jim Yong Kim has stated that blockchain technology has “huge potential” that can help the organization “leapfrog generations of bad practic...

World Bank President: Distributed Ledger Technology Has ‘Huge Potential’

2018-10-13T01:31:00+01:00

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