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Indonesia will tighten cryptocurrency regulation with stricter exchange rules

At a parliamentary session in Jakarta on Tuesday, representatives from Indonesia’s Ministry of Trade and the Commodity Futures Trading Regulatory.

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The Indonesian government has set a 0.1 percent cryptocurrency tax to be implemented in May

The Indonesian Ministry of Finance’s Directorate General of Taxes has established a 0.1 percent income tax (PPh) on capital gains.

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Financial organizations are prohibited from aiding cryptocurrency sales in Indonesia

In the midst of a boom in crypto trading in Southeast Asia’s largest economy. Thats, Indonesia’s Financial Services Authority (OJK).

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Indonesian crypto investment platform PintuID raises $ 35 million headed by Lightspeed India

The fundraising round, headed by Lightspeed India, garnered $ 35 million for PintuID, Indonesia’s crypto investing platform centred on mobile.

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