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” Indonesia-licensed crypto asset platform Pintu raises $113M in Series B “ Indonesian crypto asset platform Pintu announced the closure of a $113 million Series B funding round participated by four prominent investors Pantera Capital, Intudo Ventures, Lightspeed and Northstar Group. Licensed by the Commodity Futures Trading Regulatory Agency (Bappebti) under the Ministry of Trade,…
“Indonesia tourist bus smashes into billboard, killing 14” SURABAYA, Indonesia — A tourist bus with an apparently drowsy driver slammed into a billboard Monday on a highway on Indonesia’s main island of Java, killing at least 14 people and injuring 19 others, police said. The bus, carrying Indonesian tourists from Surabaya, the capital of East…
” New crypto owners nearly doubled in 3 key regions in 2021: Report “ The number of cryptocurrency owners has massively increased last year, with nearly half of all owners worldwide buying crypto for the first time in 2021, according to a new report. Gemini, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has…
” Celebrity tokens: Signs of rising crypto adoption in Indonesia “ Cryptocurrency investments in Indonesia have seen considerable growth between 2020-2022, with 4% of the country’s population having invested in crypto. In 2021, crypto transaction volumes surpassed $34 billion, according to Indonesia’s Commodity Futures Trading Regulatory Agency. This growth has formed a new mindset toward…
” Indonesia’s cryptocurrency community in 2022: An overview “ Crypto is the next big thing in Indonesia. According to the Ministry of Trade, transactions for currencies like Bitcoin (BTC) grew over 14 times from a total of 60 trillion rupiahs ($4.1 billion) in 2020 to a total of 859 trillion rupiahs ($59.83 billion) in 2021….
” Indonesia to impose 0.1% crypto tax starting in May: Report “ The Indonesian government is reportedly planning to charge a 0.1% capital gains tax on crypto investments as well as a value-added tax, or VAT, on digital asset transactions starting from May 1. According to a Friday Reuters report, Hestu Yoga Saksama, a spokesperson…
“Facebook fails to detect hate against Rohingya” JAKARTA, Indonesia — A new report has found that Facebook failed to detect blatant hate speech and calls to violence against Myanmar’s Rohingya Muslim minority years after such behavior was found to have played a determining role in the genocide against them. The report shared exclusively with The…
“# All eyes on Asia — Crypto’s new chapter post-China ” A fundamental trait of crypto is as an asset class that transcends jurisdictions. Yet, one of the key hubs driving adoption and innovation is Asia. Since the heady days of Korea’s Kimchi premium and Bitcoin (BTC) arbitrage opportunities, the region is playing a role…
“#Indonesia’s sinking, polluted capital is moving to new city” JAKARTA, Indonesia — Jakarta is congested, polluted, prone to earthquakes and rapidly sinking into the Java Sea. Now the government is leaving and moving the country’s capital to the island of Borneo. President Joko Widodo envisions the construction of a new capital as a panacea for…
“# Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions ” Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales. On Tuesday, the official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks…