Key Takeaways Indonesia’s financial regulator has formally narrowed the field of who can legally operate in the country’s crypto market, publishing a government-approved list of licensed trading platforms in a move aimed at tightening oversight and protecting users. On December…
Indonesia reportedly plans to ban the messaging app because of inadequate monitoring of illicit information, according to reports from local sources.
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Local financial services providers must be part of the regulatory sandbox or allow space for testing future innovations, such as crypto asset products.
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Key Takeaways Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) is pushing for a reconsideration of the country’s cryptocurrency taxation policies. Currently, Indonesia levies a 0.11% value-added tax (VAT) on each crypto transaction and imposes a 0.1% income tax on capital…
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Ten Bitcoin mining operations are said to have been shut down by Indonesian police, who accused the operators of stealing electricity worth close to USD 1 million.
Indonesia's Commodity Futures Trading Supervisory Agency has released a statement confirming the operation of the national cryptocurrency exchange.
The Governor stated that strict measures would be implemented, ranging from deportation and administrative sanctions to criminal penalties and the closure of business premises.
