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The operator of Line, Japan’s most popular chat app with approximately 200 million users worldwide, has confirmed the upcoming launch of its cryptocurrency exchange called Bitbox. The new platform will list more than 30 of the most popular cryptocurrencies, offering “low trading fees”. Supporting 15 languages, the new exchange will launch globally, except for two … Read more
Regulatory developments involving cryptocurrencies are always worth keeping an eye on. In Indonesia, there has been a lot of confusion regarding the future of Bitcoin and similar currencies. The Trade Ministry’s Futures Exchange Supervisory Board has finally rendered a verdict in this regard. Cryptocurrencies are commodities, regardless of what the country’s central bank may think. … Read more
Pundi X has begun releasing its cryptocurrency point-of-sale devices in Indonesia, despite crypto not being recognized as a form of payment in the country Go to Source Powered by WPeMatico
Indonesia will allow crypto to trade as a commodity on the stock market, asks for suggestions on trading from crypto exchanges in the country Go to Source Powered by WPeMatico
A 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, … Read more
This 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 … Read more
Korea’s third largest crypto exchange, Coinone, goes global with its launch of Coinone Indonesia. #NEWS Go to Source Powered by WPeMatico
One 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 … Read more
Muslim legal expert determines that cryptocurrency is mostly compliant with Sharia law. #NEWS Go to Source Powered by WPeMatico
Bitcoin 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, … Read more
