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Indonesia

Indonesia CBDC trial enters second phase
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12 August, 2024

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...
Demand for digital payments rises in Indonesia; 2 finance leaders opt for collaboration
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24 June, 2024

Demand for digital payments rises in Indonesia; 2 finance leaders opt for collaboration

Executives from Dana and LinkaAja pointed at artificial intelligence and blockchain technology use cases in finance that are subject to...
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...
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