Indonesia’s Tokocrypto Token Spikes 87% Amid Rumours of Binance Acquisition
Binance is reportedly weighing a potential acquisition of Tokocrypto to expand its presence in the Indonesian market.
Indonesia Payment System Digitalization Among 2023 Economic Growth Plans
A new<a href="https://www.bi.go.id/en/publikasi/ruang-media/pidato-dewan-gubernur/Documents/Book_PTBI_2022_en.pdf" target="_blank"> report</a> by the Bank of Indonesia highlights the country’s 2023 economic growth plan which will include the digitalization of payment systems and the creation of a Digital Rupee. This will comprise increasing the availability and use of digital payments, such as e-wallets and online banking. The government has been actively promoting the use of digital payments since the launch of the national e-payment system, the National Payment Gateway (NPG), in 2019.
Central Bank Plans To Make CBDC ‘Only Legal Digital Tender’ in Indonesia, Says Gov
Bank of Indonesia governor Perry Warjiyo has announced developments in its plans to launch a central bank digital currency, or CBDC, for “various digital economic and financial transactions.”