2019-2-16 01:13 |
New regulations introduced in Indonesia recognize cryptocurrencies as trading commodities and gives legal certainty to cryptocurrency exchanges
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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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Regulators in Indonesia have finally recognized Bitcoin and other cryptocurrencies as commodities, thus providing legal backing for trading virtual currencies. Consequently, cryptocurrency exchanges in the country now have a set of requirements that must be satisfied before being allowed to operate.
2019-2-15 15:00 | |
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Bitcoin traders in Indonesia are protesting what they call excessive capital requirements imposed by the government on cryptocurrency futures trading. The aggrieved brokers say the restrictive law is preventing anyone from participating in the market.
2019-2-15 21:00 | |
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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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New capital regulations mean it is cheaper to open a rural bank than launch Bitcoin futures trading in Indonesia, a local source reports
2019-2-15 10:46 | |
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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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Chinese exchange Huobi and its partners are launching cryptocurrency exchanges in five regions: the Philippines, Russia, Taiwan, Indonesia, and Canada. Partners “share Huobi’s order integration system, wallet system, asset management and clearing systems.
2018-8-17 10:05 | |
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