Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto T...

Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto T...

Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered a serious increase in turnover this year. Indonesia to Tighten Regulations Without Prohibiting Crypto Transactions The Indonesian government will not follow in the footsteps of China, which has confirmed a ban on all cryptocurrency transactions, the country’s Minister of Trade Muhammad....


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Indian Government Open to Exploring Cryptocurrencies — Finance Minister Offer...

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Report: Indonesia leads global surge in interest in crypto

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Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Dig...

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Impossible to Run Away From Cryptocurrencies Says Zimbabwe Finance Minister

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Indonesian regulators consider tax on cryptocurrency transactions

Officials are considering a tax on all cryptocurrency transactions in Indonesia. Indonesia's Commodity Futures Trade Regulatory Agency (known as Bappebti) is considering levying a tax on all cryptocurrency transactions taking place on regulated exchanges within the country.Currently, 13 cryptocurrency exchanges fall under Bappebti’s regulatory oversight, and the tax would be automatically applied by these platforms should it be approved, according to a report by the Phnom Penh Post.“It is currently [undergoing] internal review at Bappebti, then we will coordinate with the BKF,” said....