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Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License
10.9.2024
Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights...
Binance subsidiary Tokocrypto secures full license in Indonesia
9.9.2024
Binance described Tokocrypto as its "subsidiary," suggesting that it may have a controlling stake in the Indonesian trading platform.
Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
9.9.2024
Crypto Exchange Binance subsidiary Tokocrypto has obtained a full license as a Physical Crypto Asset Trader from Indonesia's Commodity Futures Trading Regulatory Agency, known as Bappebti
Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade
1.9.2024
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...
Indonesia considering Telegram ban over lack of moderation
29.8.2024
Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia
Payment platform Mercuryo integrates crypto on-ramp with Indonesian banks
22.7.2024
Mercuryo integrates crypto on-ramp solutions in Indonesia, enabling users to convert their Indonesian Rupiah into 40 digital tokens, including BTC, ETH, and USDT
Become a Bali crypto digital nomad like me: Here’s how
5.6.2024
Since the start of the year, I’ve been living in a cheap island paradise as a Bali crypto digital nomad. Here’s how you can too
Crypto Wallet Firm Fordefi Expands in Indonesia Powering Pintu Web3 Self-Custodial Wallet
29.5.2024
The move is part of Fordefi's plan to extend its wallet service mostly used by institutional investors to retail-facing trading platforms
Indonesia Regulator Forms Crypto Committee to Monitor Industry's Operation, Compliance
8.5.2024
The committee was established by the Commodity Futures Trading Supervisory Agency, known as Bappebti, because crypto is considered a commodity in Indonesia
Indonesian Authorities Bust Synthetic Marijuana Lab Supported by Crypto
7.5.2024
The syndicate had been operating for six months before being apprehended last week
Indonesia’s Election Results May Be Good for Crypto, Industry Watchers Say
30.4.2024
Indonesia’s presidential election in February initially ended in controversy when the winning duo claimed victory before official results were released
Indonesian President Cautions Against Crypto in Money Laundering Risks
24.4.2024
Indonesian President Joko Widodo highlights the significant risks of money laundering through crypto asset and NFT transactions, citing $8.6 billion in suspicious activities in 2021.
The post Indonesian President Cautions Against Crypto in Money Laundering Risks appeared first on Cryptonews
Indonesian President Joko Widodo Warns of Money Laundering via Crypto and NFTs
24.4.2024
Indonesian President Joko Widodo warned the Financial Transaction Reports and Analysis Centre (PPATK) to monitor the use of crypto and non-fungible tokens (NFTs) for money laundering during a speech last Wednesday at the 22nd Anniversary of the National Movement for Anti-Money Laundering...
Indonesia, Australia Authorities Ink Crypto Taxation Deal
24.4.2024
Indonesia and Australia’s taxation authorities on Monday signed a pact in Jakarta to establish a crypto information-sharing arrangement.
The post Indonesia, Australia Authorities Ink Crypto Taxation Deal appeared first on Cryptonews
Roblox Boss: We Aren't Exploiting Child Labor, We're Giving Kids In ‘The Slum’ A Job
4.4.2024
Roblox is one of the biggest games in the world, letting people (who are mostly under 16 years old) create and play their own custom creations and share them with others. Roblox has also been at the center of controversy, as some believe the game exploits child labor and doesn’t do enough...
Crypto Firms to Undergo Regulatory Sandbox Evaluation Before Licensing in Indonesia
28.3.2024
Starting in January 2025, crypto firms seeking to operate in Indonesia must undergo evaluation in a regulatory sandbox to pass licensing.
The post Crypto Firms to Undergo Regulatory Sandbox Evaluation Before Licensing in Indonesia appeared first on Cryptonews
Indonesia Will Require Crypto Products to Pass Through Regulatory Sandbox or Be Deemed Illegal
28.3.2024
The initiative is aimed at combating fraud and will kick in at the start of next year
Indonesia’s Crypto Transactions Skyrocket to $1.92 Billion in February
18.3.2024
Indonesia has witnessed an impressive surge in cryptocurrency transactions, with the total reaching IDR 30 trillion ($1.92 billion) in February, according to the country's crypto regulator.
The post Indonesia’s Crypto Transactions Skyrocket to $1.92 Billion in February appeared first...
Indonesia’s Crypto Market Booms as Transactions Hit $1.92B in February
18.3.2024
The country's registered crypto investors also surged to 19 million users last month
Indonesia’s OJK releases amended regulations for crypto
14.3.2024
The financial services regulator of Indonesia, the Financial Services Authority (OJK), has released a fresh set of regulations for the crypto industry. This is pertaining to the execution of technological inventiveness within the financial arena and will come into effect from January 2025. This...