Bitcoin Payments Enabled by Indonesian E-Marketplace
A prominent e-commerce and digital payment platform in Indonesia, KinerjaPay Corp., has enabled bitcoin payments for transactions on its platform. This will be the first time that an e-commerce portal in Indonesia allows for bitcoin transactions on its platform. Users of KinjeraPay Corp., an Indonesian e-commerce platform will now be able to settle transactions on the marketplace with bitcoin. In an announcement today, the Indonesian marketplace revealed a partnership with Bitcoin Indonesia, a digital currency exchange that enables buying and selling bitcoin with the local fiat currency –....
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The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases.
Indonesia to Start Taxing Crypto Income at 0.1%
The Indonesian Directorate General of Taxes, the Ministry of Finance, has set income tax (PPh) on capital gains from crypto investments and value-added tax (VAT) on crypto purchases at 0.1%.
Hestu Yoga Saksama, director of tax regulations for the Ministry of Finance, told CNN Indonesia Friday:
That’s....
Bitspark is targeting Hong Kong's sizeable population of Indonesian migrant workers with a new bitcoin-enabled remittance corridor. The announcement comes just a month after launching an identical service servicing the Philippines. The firm is pitching its low-cost way of sending money back home to more than 165,000 Indonesians residing in Hong Kong - 90% of whom are employed as foreign domestic helpers, according to the Census and Statistics Department. For the new service, Bitspark is sticking to the model it developed for Philippine remittances last month. This means a customer walks up....
Promoted: Bitcoin ATM operator CoinFlip has now added a layer to its mission of banking the unbanked with a gift card marketplace. The post CoinFlip Launches Bitcoin-Enabled Gift Card Marketplace appeared first on Bitcoin Magazine.
The Indonesian government is set to launch a crypto bourse by the end of this year, a high-ranking government official reportedly revealed. “We will make sure that every requirement, procedure, and the necessary steps have been taken,” he emphasized.
Crypto Bourse Coming Soon in Indonesia
The Indonesian government is planning to launch a crypto bourse by year-end, Dealstreetasia reported Wednesday, citing Indonesia’s Deputy Trade Minister Jerry Sambuaga.
Speaking on the sidelines of NXC International Summit 2022 by WIR Group in Bali, the trade....
The online marketplace revolution. Online marketplaces are a massively popular phenomenon. Web sites, such as Amazon and eBay, have been very successful and their success translated into multi-billion-dollar capitalizations. It is known, though, that the biggest room in the world is that for improvement. They were revolutionary for their time, offering the users an unprecedented opportunity of trading almost any items across the globe. But by now it is clear that the currently leading online marketplaces are far from perfect. High fees, frequent fraudulent refunds by the sellers and....