INDONESIA

Indonesia to Limit Foreign Ownership of FX E-Trading Platforms

The central bank of Indonesia will limit foreign ownership of electronic trading platforms to 49 per cent.

Crypto.com Enters Indonesia, Lists CRO on Indodax

The platform, previously known as Monaco, also provides pre-paid cryptocurrency cards.

Indonesia Launches Regulatory Framework for Crypto Futures Market

Cryptocurrency future exchanges wanting to operate in Indonesia must be registered before they can operate in the country.

Indonesia Approves Cryptocurrency Futures Trading, Prepares Regulation

Laws will govern exchanges, wallets and mining operations, and trading will be taxed.

Tron Wins Listing on Indonesia’s Biggest Cryptocurrency Exchange

Indodax may soon have more users than the country's biggest traditional stock market.

S. Korean ‘Coinone’ Exchange Goes Global, Launches Exchange in Indonesia

The expansion marks the first time a South Korean exchange enters the global markets.

ACY Capital Integrates Infrastructure with New Alibaba Data ‎Center

Alibaba's cloud computing arm recently began operations at its first Indonesia-based data center.‎

India is Responsible for 10% of All Bitcoin Transactions Worldwide

In spite of the popularity, the government is not allowing businesses to embrace cryptocurrencies.

The Biggest Country in Southeast Asia to Ban Cryptocurrency

Indonesia passes legislation declaring all digital currency transactions illegal.

Russian FX Brokers Eyeing New Jurisdictions for Business

Domestic conditions in Russia have led brokers to explore new markets, including Southeast Asia.

APAC Region Yields Mixed Outlook for FX Brokerage Prospects

Asia has a number of attractive demographics appealing to brokers, though the region also poses several barriers.

JPMorgan Penalised for Downgrading Indonesian Bond Rating

The decision was taken after JPMorgan downgraded its rating for Indonesian bonds to "underweight" from "overweight".

Indonesia’s DOKU e-wallet Joins OKLink’s Blockchain Payout Network

This new partnership expands OKLink’s payment options in Indonesia for transfer companies worldwide.

E-Commerce Comes of Age as an Economic Growth Strategy: The World is Not Flat

From China to Singapore to India, every culture affects e-commerce in a different way.

Jakarta “Toilet Bomber” Demanded 100 Bitcoins, Inspired by ISIS

The bomber of a mall on the outskirts of Jakarta, Indonesia, attempted to extort 100 bitcoins from the mall ...

Jakarta Futures Exchange Ex-Director Sentenced to Three Years in Prison

Moch Bihar Sakti Wibowo was found by an Indonesian court to be guilty of bribing the former head of ...

Bitspark Launches Bitcoin Remittance Service for Indonesia, Supports Multiple Altcoins

Bitspark has launched its bitcoin-powered remittance service for Indonesia. Also supporting the Philippines with 30 physical locations for pickup, ...

Former Indonesian Commodity Futures Trading Regulator Faces 10 Years in Jail for Corruption

Syahrul King Sempurnajaya tried to hide the proceeds of his corrupted acts by transferring money to his second wife's ...

Nomura Names Kartadjaja Intan as Head Indonesia Investment Banking

Japanese Financial Services Group, Nomura has appointed Kartadjaja Intan as its newest Head of Indonesia Investment Banking in a ...

Open Sesame – FX Brokers Welcome Swap-Free Traders without the Baggage

FX & CFD providers have been troubled by opportunistic traders taking illicit advantage of trading styles for people of ...

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