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Nvidia to Construct $200M AI Center in Indonesia, Boosting Local AI Talent
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Nvidia to Construct $200M AI Center in Indonesia, Boosting Local AI Talent

Nvidia collaborates with Indonesia's government and Indosat to establish a $200 million AI center aimed at infrastructure development and AI skill enhancement.

Indonesian Police Raid Bitcoin Mining Operations Over $1 Million Electricity Theft
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Indonesian Police Raid Bitcoin Mining Operations Over $1 Million Electricity Theft

Indonesian police have closed 10 illegal Bitcoin mining operations, detained 26 individuals, and confiscated over 1,300 mining rigs, stealing nearly $1 million worth of electricity.

SBI Remit Expands Ripple XRP Based Remittance Services
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SBI Remit Expands Ripple XRP Based Remittance Services

SBI Remit expands XRP-based remittance services to Philippines, Vietnam, and Indonesia, integrating Ripple Payments and TRANGLO for real-time, low-cost international payments, accelerating adoption in Southeast Asian markets.

Indonesia's State-Backed Crypto Exchange: An Analysis
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Indonesia's State-Backed Crypto Exchange: An Analysis

Indonesia's state-backed crypto exchange aims to promote transparency, accountability, and investor protection. It is expected to boost crypto adoption.

Indonesia to Launch State-Backed Crypto Exchange by Mid-2023
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Indonesia to Launch State-Backed Crypto Exchange by Mid-2023

Indonesia plans to launch a state-backed crypto exchange by mid-2023 to promote a more secure and transparent market, with greater regulatory oversight and investor protection.

Alchemy Pay Scores License to Expand in Indonesia
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Alchemy Pay Scores License to Expand in Indonesia

Alchemy Pay has obtained a license from the central bank of Indonesia to operate remittance and fund transfers in cooperation with local fintech firm Berkah Digital Pembayaran. The license allows the firms to offer better payout methods and reduce associated operating costs.

Indonesia's Ministry of Trade is reportedly aiming to roll out a national crypto exchange
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Indonesia's Ministry of Trade is reportedly aiming to roll out a national crypto exchange

Indonesian Trade Minister Zulkifli Hasan has set a June 2023 start date for its crypto exchange.

Indonesia's Crypto Exchange Launches In 2023
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Indonesia's Crypto Exchange Launches In 2023

Crypto platform intended before commodities to securities regulation transition. Didid Noordiatmoko, head of Bappebti, said a crypto exchange should be launched this year. Governor Perry Warjiyo released a digital rupiah idea in December.

Indonesia Plans to Strengthen Security for Crypto Investments
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Indonesia Plans to Strengthen Security for Crypto Investments

The Financial Service Authority (OJK) of Indonesia will oversee the regulation, supervision and oversight of crypto investments to improve protection for investors, the Southeast Asian country's minister said on Thursday.

Indonesia to Update Govt Rules for Crypto, Implement More local Control
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Indonesia to Update Govt Rules for Crypto, Implement More local Control

The South Asian country's trade ministry is planning to issue rules to govern crypto exchanges that will require two-thirds of the board of directors and commissioners to be Indonesian citizens and live in Indonesia.

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