Indonesia could be charting new frontiers as a global adoption leader
Indonesia emerges as a global Web3 leader with high crypto adoption, a young tech-savvy population and supportive regulations. Go to Source
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Indonesia emerges as a global Web3 leader with high crypto adoption, a young tech-savvy population and supportive regulations. Go to Source
BRICS has expanded its influence with Indonesia’s entry, marking the bloc’s growing dominance in emerging markets and securing its first full membership from Southeast Asia. Indonesia Joins BRICS: Southeast Asia’s First Seat at the Global Power Table Indonesia’s accession to BRICS as a full member has been officially confirmed by Brazil’s government, with the announcement … Read more
2024 transaction totals are up more than 350% year-over-year, but still well below Indonesia’s 2021 highs. Go to Source
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights Global Cryptocurrency Adoption Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography … Read more
Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights Tokocrypto’s commitment to regulatory compliance and strengthens its position in Indonesia’s growing … Read more
Binance described Tokocrypto as its “subsidiary,” suggesting that it may have a controlling stake in the Indonesian trading platform. Go to Source
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating direct currency transactions between the two nations, bypassing the need for … Read more
Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia. Go to Source
The platform, monitored by the CFTRA, will be the only space in the country where the legal exchange of digital assets is allowed. Go to Source Powered by WPeMatico
Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said. Go to Source Powered by WPeMatico