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Category: Rupiah
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Soon There Will Be More Bitcoin Investors Than Stock Traders in Indonesia
Despite repeated warnings from the central bank of Indonesia about the supposed risks of cryptocurrency trading, everyday people keep turning to bitcoin in this highly populated Asian country. In fact, soon there will be more traders on just one crypto platform than there are on the local stock exchanges established over a 100 years before […]
The post Soon There Will Be More Bitcoin Investors Than Stock Traders in Indonesia appeared first on Bitcoin News.
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Crackdown on Bitcoin Hits Businesses in Bali
Having issued a stark warning to “all parties” against any use of “virtual currency”, Bank Indonesia has now joined forces with local police to prevent bitcoin transactions where they are most likely to take place – in Bali. The island, a popular holiday destination with tourists spending both fiat and crypto, has been targeted by […]
The post Crackdown on Bitcoin Hits Businesses in Bali appeared first on Bitcoin News.
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Bank Indonesia: Do Not Sell, Buy, Trade Cryptocurrency
Bank Indonesia, Unitary State of the Republic of Indonesia’s central bank, has issued perhaps its bluntest statement yet on curbing the use of cryptocurrency, affirming a hardening stance on the popularity of what it refers to as “virtual currency” such as bitcoin. Also read: Ditch University and High Transaction Fees! Bank Indonesia Warns All Parties […]
The post Bank Indonesia: Do Not Sell, Buy, Trade Cryptocurrency appeared first on Bitcoin News.
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