Indonesia – Page 3

Indonesia plans to set up its crypto bourse by the end of 2022

The country’s deputy trade minister confirmed the intention, for the first time voiced in last year.

Indonesian e-commerce giant buys local crypto exchange for $8 million

By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal to become “a diverse money management hub.”

Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments

The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wants to ensure that it will be exchangeable across borders. Digital Rupiah Concept Expected by Year End Indonesia’s monetary authority is […]

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Indonesia-licensed crypto asset platform Pintu raises $113M in Series B

The latest $113 million fund injection will be redirected to scale the platform’s existing offerings, such as introducing new features and added support for blockchains.

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Why the Crypto Industry in Indonesia Is Set to Leapfrog Competing Markets

With over 270 million people, Indonesia is the fourth-most populous country in the world and its economy is one of the largest markets in Asia. It also has a large unbanked population, a receptive regulatory environment and additional factors making it stand out for crypto adoption. In the latest episode of the News Podcast we […]

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New crypto owners nearly doubled in 3 key regions in 2021: Report

More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021.

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Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May

Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting May

The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes, the Ministry of Finance, has set income tax […]

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