
Digital Rupiah
Indonesia CBDC trial enters second phase
The Bank of Indonesia conducted the first phase of its wholesale CBDC trial in the first half of 2024, focused...
Bank Indonesia advances wholesale CBDC trials following public consultation
Bank Indonesia's consultation report on its wholesale CBDC initiative, Project Garuda, shows that most of the 42 participating entities favor...
Indonesia’s central bank eye CBDC trial for 2024
Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain...
Indonesia’s central bank unveils wholesale CBDC consultation process
Project Garuda's second phase will explore CBDC usage in the tokenization and settlement of securities transactions.
Indonesia central bank eyes digital rupiah as nation’s ‘only legal digital tender’
Bank Indonesia is firm with its plan to explore and develop a CBDC, with Governor Perry Warjiyo saying their future...
Bank Indonesia publishes white paper with keen focus on wholesale CBDC
Bank Indonesia will launch its digital rupiah under Project Garuda, which will be trialed in three phases, with wholesale CBDC...
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