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Somerco Blockathon  •  
February 23-24, 2019

# Indonesia News

February 19, 2019 by at Exchange, Finance, News, Regulation
Crypto can now be traded legally as a commodity in Indonesia thanks to a new regulation that grants it this new legal status, as reported by KrASIA, February 15, 2019. Let the Trading Begin The crypto community in Indonesia has scored a huge coup as crypto exchanges are now legal...
February 15, 2019 by at Business, Exchange, News, Regulation
Traders in Indonesia have criticized a new regulation that requires $70 million in capital to trade in crypto futures, as per reports from The Jakarta Post, February 14, 2019. Unexpected Hurdles While the growth of the blockchain and cryptocurrency industry has been impressive, it certainly has not been evenly spread around...
Go-Jek, a fast-growing Indonesian ride-hailing startup, made a significant investment on January 18, 2019, in Coins.Ph, which began as a crypto exchange service but has since diversified to a mobile wallet service offering various features for its five million registered users. Jumping Feet First into Fintech Ever since Uber gained...
April 29, 2018 by at Altcoins, Bitcoin, Finance, News
Blossom Finance, the Indonesian consultancy which recently declared cryptocurrencies as ‘halal,’ has partnered with a local VC to launch a service targeted at Islamic investors. The fund would raise money in BTC, ETH, and BCH, and invest in socially-engaged businesses in the province of Central Java. The ‘Halal’ Venture Fund...
April 28, 2018 by at Press Releases
  The volume of Indonesia’s digital economy will reach about $130 billion by 2020, which will make this country one of the leaders in digital development among the countries of South-East Asia. This was stated by the authorities of the country just last week. New technologies, blockchain, and transformation of...
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