Indonesia issues new digital currency rules guiding financial industry
Indonesia's Financial Services Authority regulatory guidance intends to serve as a compass for financial institutions exploring virtual asset services for their customers.
Indonesia's Financial Services Authority regulatory guidance intends to serve as a compass for financial institutions exploring virtual asset services for their customers.
Indonesia's Bappebti has requested that the country's Ministry of Finance evaluate the current tax regime for digital currencies to reflect the embrace of digitization.
Bank Indonesia's consultation report on its wholesale CBDC initiative, Project Garuda, shows that most of the 42 participating entities favor using a permissioned ledger over a centralized system.
Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain technology.
Gibran Rakabuming Raka pledges to prioritize digital upskilling should he win the 2024 general elections, laying out a blueprint focused on empowering the youth with emerging technologies.
Indonesia's Bappebti also rolled out its clearing house and a depository for digital assets to accompany the national exchange, a move designed to protect the growing number of digital currency investors from industry-related risks.
Once Indonesia's national exchange goes live, all digital currency transactions must be processed through the exchange, according to Bappebti Chief Didid Noordiatmoko.
Dr. Craig Wright talks to CoinGeek Backstage about the role of micropayments in Bitcoin, the problem with the internet today, and IPv6 in Bitcoin's roadmap.
At the IEEE event in Indonesia, IPv6 Forum President Latif Ladid shares his plans for the future of the new internet iteration IPv6 that integrates blockchain tech—particularly BSV blockchain.
In this CoinGeek Backstage interview, Sureswaran Ramadass and Muhammad Ary Murti share the critical role of familiarizing a technology to drive mass adoption and how the IEEE could help with this.
The license acquired by Alchemy Pay and Berkah Digital is a Payment Service Provider - License Category 3, which allows digital currency service providers to dabble in mainstream financial services in Indonesia.
Project Garuda's second phase will explore CBDC usage in the tokenization and settlement of securities transactions.