Indonesia

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...
Islamic organization in Indonesia declares digital currencies as haram
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1 November, 2021

Islamic organization in Indonesia declares digital currencies as haram

After a heated debate involving religious scholars and digital currency experts, members of the organization voted to declare digital currencies...
Indonesia and Chile lead global digital currency interest: report
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22 October, 2021

Indonesia and Chile lead global digital currency interest: report

Indonesia has emerged as the country with the highest interest in digital currencies, ranking ahead of Chile and Argentina, which...
Indonesia won’t follow China in outright digital currency ban, gov’t official says
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1 October, 2021

Indonesia won’t follow China in outright digital currency ban, gov’t official says

The Minister of Trade has said India has no plans to impose a blanket ban on Bitcoin like China did,...
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