2024-3-1 19:59 |
Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.
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Indonesia’s financial services regulator had hoped to set up the crypto exchange by the end of 2022, but this was delayed by a number of obstacles.
2023-2-3 05:00 | |
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The cryptocurrency landscape in Indonesia is fast evolving. Businesses are finding their way into their bustling and promising future. Firms like ICN, Indodax, and Pintu, are at the helm of its emergence, ushering Indonesia into a new era of crypto awareness.
2021-11-18 03:00 | |
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Crypto activities were declared forbidden by the religious law of the largest Islamic organization of Indonesia, Nahdlatul Ulama. A heated debate was carried before arriving at the conclusion of declaring digital currencies as “haram”.
2021-10-29 23:34 | |
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Indonesia saw a massive 1,772% increase in the number of people engaging with articles about crypto, a new survey claims.
2021-10-18 16:17 | |
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Crypto can now be traded legally as a commodity in Indonesia thanks to a new regulation that grants it this new legal status, as reported by KrASIA, February 15, 2019. Let the Trading Begin The crypto community in Indonesia has scored a huge coup as crypto exchanges are now legal in the country.
2019-2-20 20:00 | |
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Are the new regulations a bane or a boon?
2019-2-20 22:40 | |
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Indonesia’s commodity futures regulator has established a legal framework for operating crypto and digital assets futures markets
2019-2-18 19:02 | |
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An Indonesian financial watchdog has set out new regulations for the trading of crypto assets on futures exchanges in the country.
2019-2-18 15:30 | |
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The regulations involving the various countries around the world keep changing, which has made it difficult for investors to determine exactly how to use their crypto assets within any given country.
2019-2-17 14:46 | |
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New regulations introduced in Indonesia recognize cryptocurrencies as trading commodities and gives legal certainty to cryptocurrency exchanges
2019-2-16 01:13 | |
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Traders in Indonesia have criticized a new regulation that requires $70 million in capital to trade in crypto futures, as per reports from The Jakarta Post, February 14, 2019. Unexpected Hurdles While the growth of the blockchain and cryptocurrency industry has been impressive, it certainly has not been evenly spread around the world.
2019-2-16 00:00 | |
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With the Indonesian government requiring cryptocurrency traders to keep a deposit of 80 billion rupiah (approximately $5. 7 million) among other requirements in order to participate in futures trading, sector players have complained that this will strangle the nascent industry.
2019-2-15 16:22 | |
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The Nasdaq stock exchange will start offering real-time information on two new indices tied to the cryptocurrency market – bitcoin core and ethereum. Both indices will be included on the exchange’s existing platform of indexes starting Feb.
2019-2-14 03:40 | |
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Upbit Expands Its Reach to Offer Services In Southeast Asia Modern capitalism demands incremental growth. Businesses understand this, thus are always looking for avenues to add more customers. What does one do when the local base has dried up? Why expand and look at other virgin markets. This is exactly what Upbit seems to be […]
2018-11-13 01:11 | |
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In recent exchange news, the chief executive officer of Revolut has expressed doubt regarding the institutional appetite for cryptocurrency exposure, Binance has launched a new research division, and Etoro has begun the gradual rollout of its wallet for Android and iOS users.
2018-11-12 17:55 | |
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South Korean cryptocurrency exchange Upbit has been marketing new crypto exchanges in Thailand and Indonesia in their local languages, according to local media. The company has set up a website for each exchange.
2018-11-12 16:28 | |
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South Korean cryptocurrency exchange Upbit has reportedly started marketing new crypto exchanges in Thailand and Indonesia as part of its global expansion plans. The company recently launched an exchange in Singapore.
2018-11-12 08:45 | |
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Pundi Labs (Pundi X), a point-of-sale (POS) terminal maker, has announced a partnership with blockchain startup HARA to bring its blockchain-based POS devices to farmers. The company said the partnership will seek to facilitate data collection and financial inclusion across Indonesia’s rural areas and agricultural sector.
2018-11-9 01:01 | |
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On November 7, South Korea’s cryptocurrency exchange Bithumb announced it had partnered with Asian e-commerce giant Qoo10 to provide a cryptocurrency payment service. Qoo10 is a leading South Korean e-commerce company in pan-Asian markets such as Singapore, Hong Kong, China, and Indonesia.
2018-11-9 18:22 | |
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Businesses generally forget that there is a whole new and untapped world in the developing economies. These markets are usually more attuned to their needs and wants in contrast to their counterparts in the developed world.
2018-11-7 18:02 | |
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SC Johnson, a U. S. -based manufacturer of household cleaning supplies, has partnered with Plastic Bank to help increase recycling rates and tackle poverty in Indonesia. The non-profit uses a cryptocurrency token system to pay people for handing over recyclable plastic in order to address the global crisis of ocean plastic.
2018-10-30 02:00 | |
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The cryptocurrency ecosystem continues to grow with the addition of some new crypto exchanges in Hong Kong, Korea, and Indonesia. Bitone Trade HK, affiliated with a Japanese publicly listed company, will support 30 cryptocurrencies.
2018-9-8 07:05 | |
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Huobi Group, one of the largest blockchain asset service providers, today held a ceremony for the official launch of a new Huobi cryptocurrency exchange for Indonesia. The Huobi Indonesia Digital Currency Exchange will run on.
2018-9-8 19:23 | |
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Those who wish to help earthquake victims on Lombok in Indonesia can contribute crypto funds with the help of blockchain firm Pundi X.
2018-8-28 17:21 | |
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Crypto Exchange, Huobi Forms Alliance with Five Firms to Help Achieve Their Crypto Goals It has been recently revealed that crypto exchange, Huobi has partnered with five firms in an effort to help the latter make their crypto dreams a reality.
2018-8-17 15:29 | |
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Huobi Group today announced four new corporate partners that will leverage Huobi Cloud to launch independent exchanges in the Philippines, Indonesia, Russia, and Canada. Through Huobi Cloud, partners can easily set up OTC and.
2018-8-16 16:29 | |
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G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union.
2018-7-16 18:30 | |
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Cyronium is an ambitious blockchain project that launched a crypto asset backed by gold and the blockchain. It will be used to assist SMEs to integrate the blockchain into their businesses. PT Ciptalintang Aji Dana, a company based in Indonesia is the company behind this project. It will be the first in the world that […]
2018-7-5 12:19 | |
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The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports.
Brazil's government proposes a bill to reform tax rules for financial investments and crypto assets, targeting tax havens with a 22.5% rate.
Indonesia’s crypto market faces a period of change and reassessment, as evidenced by falling tax revenue and planned regulatory shifts. While Bitcoin surged in value throughout 2023, the country’s crypto tax revenue plummeted by over 60% compared to the previous year, raising concerns about the effectiveness of the current tax regime. Related Reading: Former FTX, […]
The bill is awaiting presidential approval.
Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes starting January next year, according to an update from Spain’s Tax Administration Agency, Agencia Tributaria.
The crypto held in overseas accounts for about 70% of all assets held outside the country.