Mercuryo Integrates Crypto On-ramp with Indonesian Banks
Mercuryo, a payments infrastructure platform, has introduced fiat-to-crypto on-ramp services for major institutions and payment providers in Indonesia. Bank Rakyat Indonesia (BRI) and PT Bank Negara Indonesia (BNI) implemented Mercuryo’s crypto acceleration solution on July 22. The Quick Response Code Indonesian Standard (QRIS), a contactless payment system in Indonesia, and e-wallet provider Ovo have received […]
Indonesia, Australia Tax Offices Sign MoU on Cryptocurrency
On April 22, tax officials from Australia and Indonesia struck a deal in Jakarta to create a framework for exchanging cryptocurrency information. The goal of this agreement, which was announced on April 23, is to make it easier to identify assets that could be subject to tax in either nation. Additionally, it seeks to facilitate […]
Nvidia Plans to Launch $200M AI Centre in Indonesia
Nvidia has revealed plans to construct a new AI centre in Indonesia in collaboration with the government and telecom company Indosat Ooredoo Hutchison. Indonesian Minister of Communication Budi Arie Setiadi, announced on April 4 that the $200 million centre will be situated in Surakarta, in the Central Java area. According to Setiadi, the AI centre […]
Indonesian Police Reportedly Seizes 1,134 Bitcoin Machines
Police authorities in Indonesia have purportedly shut down 10 Bitcoin mining operations and confiscated 1,134 Bitcoin machines on charges that their operators stole electricity worth close to $1 million. As per a recent local report, the North Sumatra Police Force executed a crackdown on a Bitcoin mining operation spanning ten different locations in Indonesia. They […]
Indonesia Launches New Crypto Bourse, Clearing House
Indonesia has launched a national crypto asset bourse to provide regulators with transaction records and better protect crypto investors. According to a statement from the nation’s Commodity Futures Trading Supervisory Agency , known as Bappebti, the national cryptocurrency exchange announced by the Indonesian government a week ago has started operating. The platform will be the […]