Wed, July 17

Indonesia Digital Financefrontier: Fintech Unleashed

We TraiCon Events will be hosting Indonesia premier fintech event titled as “Fintech Revolution Summit” scheduled on 13th September 2024 in Jakarta City: The Financial Hub of APAC This summit aims to bring together 400+ BFSI experts& fintech leaders to discuss and deliberate the trends around financial technology and investment

July 1, 2024 1 min read

Indonesia’s Bappebti Forms Crypto Asset Committee to Enhance Regulation

In response to the surge in global crypto interest, regulatory bodies in many countries are tightening their oversight to prevent violations. Recently, the Indonesian government’s Commodity Futures Trading Regulatory Agency, known as Bappebti, has taken a proactive step by forming a dedicated committee to monitor the crypto industry. The committee,

May 8, 2024 1 min read

Indonesia’s Regulatory Body Calls for Assessment of Crypto Taxation Policies

The Commodity Futures Trading Regulatory Agency (Bappebti) of Indonesia has reportedly requested that the Ministry of Finance evaluate the country’s policy on the taxation of cryptocurrencies. Members of Bappebti’s executive staff have reportedly asked for a review of the 0.11 percent income tax on cryptocurrency and the 0.1 percent value-added

March 2, 2024 1 min read

Indonesia to Launch National Crypto Exchange by July End

Indonesia’s plans to launch a crypto exchange for the nation before the beginning of August 2023. The Chief of the Commodity Futures Trading Regulatory Agency (Bappebti) has declared that the launch will happen as per the protocols of various stress testing.  The chief of Bappebti, Didid Noordiatmoko has stated: “…we

July 21, 2023 1 min read

XRP Secures Tradable Asset Status in Indonesia’s Crypto Market

According to a recently released regulatory document, the Indonesian government has made changes to the Trade Controlling Agency Regulations Commodity Futures Number 11 of 2022. In a significant development, XRP and other listed tokens have been granted trading licenses in the country. With the recent amendment, the Indonesian government has

June 20, 2023 1 min read

Governor of Indonesia Warns Tourists Against Use of Crypto as Payment

Any foreigners caught using cryptocurrency on the island of Bali as a form of payment would be “dealt with firmly,” the government has warned. At a news conference on Sunday to promote Bali’s tourist industry, Governor Wayan Koster warned that foreigners who use cryptocurrency for purchases or otherwise infringe the

May 29, 2023 1 min read

Indonesian Governor Backs Bitcoin Adoption With Dedicated Exchange

Governor Ridwan Kamil of the Indonesian province of West Java spoke about his support for Bitcoin in a recent fireside chat dubbed “The Indonesia Bitcoin Mining Campaign.” While stressing Indonesia’s attempts to adopt this digital asset, Governor Kamil gave a favorable assessment of the flagship cryptocurrency. Specifically, plans are in

May 20, 2023 1 min read

17th Edition of BFSI IT Summit: Indonesia Physical Conference on 10th March 2023

Jakarta, Indonesia – The BFSI industry in Indonesia is set to take a major leap forward with IT Summit, Organized by Exito Media Concepts. The Summit is supported by Indonesia Blockchain Society and KADIN Indonesia. The 17th Edition of BFSI IT Summit Indonesia is taking place on the 10th of

February 18, 2023 2 mins read

Government-backed Crypto Exchange to Debut by June 2023 in Indonesia

Post the FTX fiasco, regulators and authorities around the world are cautious about crypto exchanges. Indonesia, one of several nations rapidly adopting cryptocurrencies, wants to build the world’s first government-backed crypto exchange by June 2023 at the earliest. The Ministry of Trade of Indonesia had planned to debut the market

February 2, 2023 2 mins read

Indonesia Central Bank All-Set to Launch Digital Rupiah

Indonesia’s Central Bank on Wednesday revealed a planned white paper for a digital rupiah currency that will utilize blockchain technology as the country experiences a spike in digital transactions since 2020. Its been a year since Bank Indonesia (BI) tried to expose the potential of introducing its own digital currency

December 1, 2022 1 min read