Indonesia Financial News

20.02 / 13:43

Blockchain Provident CEO Action Remark Gemini Southern Bull run Crypto’s next bull run will come from the east, says Gemini co-founder

Cameron Winklevoss, the co-founder of Gemini, recently opined that the next crypto bull run will come from the East. His remarks come amid a ramp-up in enforcement action and impending crackdowns by the U.S. regulators, including the Securities and Exchange Commission (SEC).

20.02 / 05:41

Blockchain Adoption Gemini Asia Bitcoin Bull run Crypto’s next bull run will come from the East: Gemini co-founder

Crypto's next bull run will start in Asia, according to Cameron Winklevoss, an American investor, and co-founder of crypto exchange Gemini.

09.02 / 15:17

Adoption NFT Metaverse Here’s a list of countries that love the metaverse the most

A recent analysis of more than a million tweets showed a list of countries that love and hate the metaverse, with Vietnam showing the most love for the concept and Ireland topping the opposite side of the spectrum.

08.02 / 23:29

Law regulation Bankruptcy hedge fund Lawyers NOT 3AC founder has 'chosen to ignore his duties' by not responding to subpoena, say bankruptcy lawyers

Three Arrows Capital founder Kyle Davies has not responded to a subpoena issued over Twitter aiming to gather information related to the firm’s assets.

03.02 / 05:33

business CBDC regulation Banks National Indonesia targets launch of its national crypto exchange by June

Indonesia’s Ministry of Trade is reportedly aiming to roll out a national crypto exchange by June this year, six months after its previous target of December 2022.

13.01 / 22:55

CBDC Adoption MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries

The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) and associated organizations marshaled a sizable team of researchers in four low- and middle-income countries — India, Indonesia, Nigeria and Mexico — to study inclusion issues related to retail central bank digital currency (CBDC) design. They released the results of their 15-month research project on Jan. 13.

05.01 / 13:41

Exchange Crypto Exchange services Financial regulatory Indonesia to Launch Crypto Exchange This Year as Regulatory Powers Shift to Financial Services Authority

Indonesia plans to launch a crypto exchange in 2023 amid a financial sector reform that will see a shift in regulatory powers over digital assets to the Financial Services Authority.

04.01 / 19:21

Blockchain Bitcoin National Agency Lost Today in Crypto: Indonesia to Launch Crypto Exchange, India's Exchanges Lost 81% of Trading Volume, UK’s National Crime Agency Forming a 'Crypto Cell'

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

04.01 / 12:03

regulation security National Indonesia to launch national crypto exchange in 2023: Report

As a part of its reform of crypto regulation, Indonesia will create a crypto exchange in 2023, according to reports. The platform is planned to be launched prior to a shift of regulatory power from commodities to securities authority.

04.01 / 10:05

Binance coinbase Research Bitcoin 'Binance is the crypto market': Arcane crowns the exchange 2022's winner

During a year plagued by crises such as the collapse of FTX and Celsius, data shows that crypto exchange Binance has emerged as the clear “winner” of 2022 according to Arcane Research.

03.01 / 23:01

business Government Adoption Binance Tribulations and triumphs: The biggest surprises in crypto of 2022

2022 saw the fall of many linchpin crypto and blockchain firms as the May market drawdown shook the industry. It caused many cryptocurrencies to lose value and many investors to pull their money from the market. Furthermore, the unprecedented knock-on effects of the meltdown exposed many blockchain and cryptocurrency firms that were ill-prepared for turbulent times.

03.01 / 11:41

business regulation FTX Digital Currency Group Terra Su Zhu gets called out by the community as he fires off accusations against DCG

As liquidity issues surround the Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Su Zhu made a Twitter thread containing allegations against DCG and FTX. However, the founder immediately got called out by the crypto community for blaming others and not taking accountability.

19.12 / 23:03

business 2020 acquires Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020

Binance has acquired Indonesian crypto asset trader Tokocrypto, according to local reports on Dec. 19. The purchase was confirmed in a tweet by Binance CEO Changpeng Zhao (CZ), who characterized the deal as having “just injected more cash and increased our shareholding a bit.” Changes are expected at the exchange.

14.12 / 12:37

cryptocurrency NFT Short video app Chingari looks to expand into new markets in 2023, ramp up hiring

Chingari, a short video platform, plans to expand into new global markets in 2023, including Latin America, Africa, and Europe. According to a company executive, the platform also plans to hire at least 400-500 people across its global offices, more than doubling its current headcount of approximately 250 people.

07.12 / 13:19

Blockchain Report Report outlines reasons why stakeholders are against CBDC

While some countries like Nigeria are aggressively pushing the use of central bank digital currencies (CBDCs), a new report summarized why a number of private stakeholders are against the idea of a CBDC.

05.12 / 23:15

business CBDC Central Bank Central bank plans to make CBDC 'only legal digital tender' in Indonesia, says gov

Bank of Indonesia governor Perry Warjiyo has announced developments in its plans to launch a central bank digital currency, or CBDC, for “various digital economic and financial transactions.”

02.12 / 22:53

business Law Bankruptcy hedge fund 3AC bankruptcy process faces challenges amid unknown whereabouts of founders

Liquidators for Three Arrows Capital (3AC) will have to present further documents to grant the permission to subpoena the now-bankrupt crypto hedge fund's founders through Twitter, according to a decision from judge Martin Glenn during a virtual hearing for the Southern District of New York Bankruptcy Court on Dec. 2.

02.12 / 17:25

business Bitcoin acquires Thai VC fund acquires troubled exchange Zipmex for $100M: Report

After weeks of negotiations on a potential buyout of Zipmex, venture capital fund V Ventures has reportedly reached a deal to acquire the embattled cryptocurrency exchange.

24.11 / 20:15

UPS Metaverse Deloitte Report: Metaverse Could Be $13 Trillion Industry by 2030 – Here’s What You Need to Know

The metaverse has the potential to generate an additional $800 billion to $1.4 trillion to Asia’s gross domestic product (GDP) per year by 2035, growing into a market worth up to $13 trillion annually by 2030, according to a recent report by international consultancy Deloitte.

22.11 / 20:17

LGBT Money Rescue Indonesia earthquake: Dozens still missing as rescue efforts continue in Java

Dozens of people are still missing after a 5.6 magnitude earthquake devastated the Indonesian island of Java on Monday.

21.11 / 13:29

business economy Cinema Indonesia earthquake: '46 dead and 700 injured' as 5.6 tremor strikes main island of Java

Dozens of people are feared dead and some 700 injured after an earthquake shook Indonesia's main island of Java on Monday, damaging buildings and sending people scrambling for safety.

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