Indonesia launches its crypto exchange and clearing house
The platform, monitored by local regulators, will be the only space in the country where the legal exchange of digital assets is allowed.
The platform, monitored by local regulators, will be the only space in the country where the legal exchange of digital assets is allowed.
Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said.
Cryptocurrency trading is legal in Indonesia, but the use of crypto in payments carries hefty penalties including jail time.
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard…
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard…
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard…
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.”…