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Indonesia

Indonesia forms digital asset regulatory committee as investors hit 20 million
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16 May, 2024

Indonesia forms digital asset regulatory committee as investors hit 20 million

The commodities watchdog has formed the ‘Crypto Asset Committee’ to oversee the sector, comprising of regulators, academics, exchanges, and other...
Microsoft pledges $1.7 billion to improve Indonesia’s cloud, AI infrastructure
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4 May, 2024

Microsoft pledges $1.7 billion to improve Indonesia’s cloud, AI infrastructure

Most of the investment will be used to equip 840,000 Indonesians with AI skills, with an aim for nationwide upskilling...
Nvidia to establish $200M AI center in Indonesia with Indosat
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9 April, 2024

Nvidia to establish $200M AI center in Indonesia with Indosat

The $200 million center project by Nvidia and Indonesia will power the Southeast Asian country’s push into artificial intelligence (AI),...
Indonesia issues new digital currency rules guiding financial industry
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19 March, 2024

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...
Indonesia’s watchdog considers double taxation changes for digital currencies: report
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7 March, 2024

Indonesia’s watchdog considers double taxation changes for digital currencies: report

Indonesia's Bappebti has requested that the country's Ministry of Finance evaluate the current tax regime for digital currencies to reflect...
Bank Indonesia advances wholesale CBDC trials following public consultation
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13 January, 2024

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...
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