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Indonesia

Indonesia wants indigenous directors in digital asset firms as regulators turn up the heat
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25 September, 2022

Indonesia wants indigenous directors in digital asset firms as regulators turn up the heat

To uphold accountability, Indonesia is looking to appoint natives as directors of digital asset exchange firms, ensuring stakeholders of rapid...
Indonesia plans to launch digital asset exchange by end of 2022
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7 September, 2022

Indonesia plans to launch digital asset exchange by end of 2022

A long-stalled plan to create Indonesia's digital asset exchange is coming to fruition as the government ramps up measures to...
Indonesia’s biggest tech startup GoTo acquires local digital asset exchange for $8.4M
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4 September, 2022

Indonesia’s biggest tech startup GoTo acquires local digital asset exchange for $8.4M

GoTo expands its business activities with its entry into the digital assets market, procuring a local exchange platform for $8.4...
Bank Indonesia’s governor says wholesale CBDC design ready by end of 2022: report
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27 July, 2022

Bank Indonesia’s governor says wholesale CBDC design ready by end of 2022: report

Bank Indonesia is currently working on improving the cybersecurity features of the digital rupiah and exploring its cross-border interoperability with...
Indonesia to impose 0.1% income tax on digital asset gains starting May
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7 April, 2022

Indonesia to impose 0.1% income tax on digital asset gains starting May

The country’s taxman said that transactions will also be charged a value-added tax of 0.1%, way below the 11% charged...
Indonesian regulator bans digital currency sales for financial institutions
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1 February, 2022

Indonesian regulator bans digital currency sales for financial institutions

The watchdog has reiterated its earlier warning that financial institutions can’t deal in digital currencies as pressure mounts from religious...
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