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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

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The government of Algeria appears to be moving towards a total ban of Bitcoin and other digital currencies in the country.

Algerian Government Eyes Total Ban on Cryptocurrencies

Joshua Althauser

2017-10-27T15:30:00+01:00

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Indonesia-based Bitcoin payment platforms TokoBitcoin and BitBayar have reportedly shut down their operations.

TokoBitcoin, BitBayar Shut Down Operations After Bank of Indonesia’s Bitcoin Ban

2017-10-27T08:50:00+01:00

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The Indonesian Central Bank ordered a ban on the use of Bitcoin as a method of payment.

Indonesian Central Bank Continues Campaign Against Cryptocurrencies, Bans Bitcoin as Method of Payment

2017-10-27T07:25:00+01:00

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Despite the uncertainty of the Bitcoin market, real estate agents are willing to take a risk on the cryptocurrency. Different cases, where it happens, are expl...

5 Cities That Let You Buy Real Estate with Bitcoin

2017-10-26T16:30:00+01:00

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As Bitcoin use cases proliferate, and liquidity increases, the safe haven properties and the currency properties of Bitcoin will continue to mesh.

Indonesian Workers Using Bitcoin for Liquid Wage Transfers

2017-08-20T04:16:00+01:00

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Bitcoin Indonesia, a prominent online bitcoin marketplace, revealed a rapid development in its user base after adding over 170,000 members within 12 months.

Indonesian Bitcoin Market Rises, Rapid Increase in User Base Reported

2017-01-06T09:30:00+00:00

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Indonesia shows a rapid advancement of cryptocurrency-related technologies. BitBot, barges in as a new solution to make it easier for people to trade Bitcoin us...

With BitBot, Bitcoin Trading Thrives in Indonesia

Vinsensius Sitepu

2016-04-22T15:20:00+01:00

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Cointelegraph spoke with Matthew J. Martin on why Bitcoin is better for financial services companies that want to attract Muslim clients and offer “sharia-based...

Bitcoin Brings ‘100% Mathematical Certainty’ to Comply With Islamic Law

2015-06-25T15:33:00+01:00

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