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SBI expands Ripple remittance tech to banks in Vietnam, Indonesia, Philippines

Japanese financial holding company SBI Group has announced that its international remittance services arm, SBI Remit, has partnered with Ripple and SBI Ripple Asia to offer an XRP (XRP) remittance service to bank accounts in several Southeast Asian countries.In an announcement, the company highlighted that SBI Remit has been using

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Indonesia launches its crypto exchange and clearing house

The national cryptocurrency exchange, announced by the Indonesian government a week ago, has begun to function, according to a statement from the country's Commodity Futures Trading Supervisory Agency (CFTRA). The platform will be the only space in the country where the legal exchange of digital assets is allowed. CFTRA confirmed the

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Indonesia to launch crypto exchange in July: Report

The government of Indonesia is moving forward with its plans to launch a national cryptocurrency exchange, and expects to debut the platform in the coming weeks.Indonesia’s Commodity Futures Trading Supervisory Agency (CoFTRA), also known as Bappebti, is planning to launch the national crypto exchange in July 2023, the local news

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Indonesia Introducing New National Payment System to Protect Against ‘Geopolitical Consequences’ – Economics Bitcoin News

Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank official said. “We expect that very soon it will become widespread.” Indonesia

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Indonesia Is Following BRICS De-Dollarization Lead, Says Central Bank Governor – Economics Bitcoin News

Indonesia is following the BRICS’ lead in de-dollarization and shifting away from the U.S. dollar in trade settlements and financial transactions, according to the country’s central bank governor. The BRICS nations are working on creating a common currency to reduce their USD reliance. Indonesia’s De-Dollarization Efforts Bank of Indonesia Governor Perry Warjiyo

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