Category: Indonesia

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Crypto Point-of-Sale Devices Begin Roll-Out in Indonesia Despite Ban

Crypto Point-of-Sale Devices Begin Roll-out in Indonesia Despite BanA network of cryptocurrency enabled Point-of-Sale (POS) payment devices has begun to spread in Indonesia, despite the ban by the central bank. Pundi X is laying the groundwork for Indonesian merchants to accept cryptocurrencies immediately after the rules are changed.    Also Read: Huobi Creates Its Own Cryptocurrency Exchange-Traded Fund (ETF) POS Roll-Out Begins Pundi X, […]

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Cryptocurrency Infused Islamic Microfinance Fund Launches in Central Java

Cryptocurrency Infused Islamic Microfinance Fund Launches in Central JavaThis week the firm Blossom Finance announced the open enrollment for an Islamic microfinance fund that will accept multiple cryptocurrencies such as BCH, ETH, and BTC. Investors will focus on socially responsible opportunities, and receive profit sharing from Blossom’s network of microfinance partners in the province of Central Java, Indonesia through a partnership with the […]

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Major Korean Exchange Launches in Indonesia with Six Cryptocurrencies

Major Korean Exchange Launches in Indonesia with Six CryptocurrenciesOne of South Korea’s top three cryptocurrency exchanges, Coinone, is launching an exchange in Indonesia. Initially, six cryptocurrencies will be supported but the exchange plans to add more coins. Coinone is also launching an airdrop event for 10,000 pre-registrants. Also read: South Korea Takes Steps To Regulate Digital Currencies Coinone Launching in Indonesia Coinone announced on […]

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Research Paper Declares Bitcoin Compliant With Shariah Law

Research Paper Declares Bitcoin Compliant With Shariah LawBitcoin and cryptocurrencies are intriguing because they are very different from the traditional financial systems we use today. One particular subject people have pondered is whether or not bitcoin complies with the religious law that forms a part of Islamic tradition — otherwise known as Shariah Law. This week a microfinance firm based in Indonesia, Blossom Finance, […]

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Canadian and European Bitcoin P2P Markets Set Record Trading Volume

Canadian and European P2P Markets Set Record Trading VolumeLocalbitcoins trading volume has witnessed volume spikes across miscellaneous markets in recent weeks, with global volume bouncing to $75 million USD this past week. The Canadian and European markets both produced record volume this past week – after both markets produced seemingly anomalous spikes in trading activity. Also Read:Capitalization of Cryptocurrency Markets Loses 59% in […]

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G20 Argentina Ends With No New Cryptocurrency Regulation

G20 Argentina Ends With No New Cryptocurrency RegulationNations forming the Group of 20 (G20) summit in Argentina this week issued Comunicado oficial de la primera reunión de ministros de Hacienda y presidentes de Bancos Centrales del G20, or first communication from the world’s central bankers concerning their work. The two page document is crammed with statements, and on the final page bankers […]

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