Cryptocurrency Analysis and News Portal
Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto, according to the Bank of Indonesia.The central bank of Indonesia is considering launching a digital rupiah to “fight” against cryptocurrencies like Bitcoin (BTC), Bank of
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A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice of using digital coins. Cryptocurrency Deemed ‘Haram’ in Indonesia The
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Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered a serious increase in turnover this
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If this falls true, Tokopedia will become the second behind PT Telekomunikasi Indonesia to have the dual listing combination of the US and Indonesia.Tokopedia PT, an Indonesian e-commerce giant has been said to be in the process of reaching $10 billion in valuation after its dual listing decision involving about
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Huobi’s charity arm has announced an initiative to distribute aid to assist Indonesia’s fight against COVID-19.Huobi Charity will distribute aid in partnership with the Indonesia-China Association of Economic, Social and Cultural Cooperation (ICAESCC) to make monetary contributions, donate medical supplies, and leverage blockchain technology to assist healthcare organizations.Huobi launches
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Huobi Indonesia will institute a fiat gateway for trading 250 cryptocurrencies in the country.Announced Dec. 27 in a press release, the Indonesian wing of Huobi Group looks to facilitate cryptocurrency trading in Southeast Asia’s largest economy. According to the firm, Huobi Indonesia boasts 50,000 registered users, of which approximately 10 percent
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Cryptocurrency exchange Huobi is launching a fiat gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether (USDT).In a Dec. 27 press release, the Huobi Group announced that the launch of the new fiat-currency gateway will make it possible for Indonesian investors to utilize the
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Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources on Aug. 20. According to the report, WhatsApp is currently negotiating
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