Category Archives: Indonesia

Terrorist Networks Conduct Crypto Transactions in Southeast Asia

Bitcoin Terrorism

It creates the impression that some fear-based oppressor bunches have come back to cryptographic forms of money as a methods for financing amidst the pandemic.  The Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR) announced that Islamic State (IS)- connected terrorist groups had led their first exchanges in cryptographic forms of money. As indicated by the report, a psychological […]

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American Connected to Bitcoin Scam Arrested in Indonesia for Child Sex Crimes

American Arrested in Indonesia

An American criminal wanted at home regarding a $700 million digital money scam has been captured in Jakarta on sex charges, Indonesian specialists said Tuesday.  Russ Medlin, who entered the Southeast Asian country on a tourist visa a year ago, was captured in the capital Monday after three young ladies affirmed he paid to have intercourse with them, police said.  […]

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11% of Indonesians Now Own Bitcoin or Another Cryptocurrency

Bitcoin Indonesia

A report, compiled by Hootsuite, We Are Social and Kepios, cites data from GlobalWebIndex. The report states that 11% of people in Indonesia own some form of cryptocurrency, making it the sixth country for cryptocurrency adoption. According to the report, it lags behind the Philippines, Brazil, South Africa, Thailand, and Nigeria. In the Philippines, 17% of the population owns some […]

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Thai SEC Gives Nod to Crypto Exchange Zipmex with License

Zipmex

Cryptocurrency exchange Zipmex, which as of now works in Australia, Indonesia, and Singapore, has gotten the green light to operate in Thailand. The trade has acquired a permit from Thailand’s Securities and Exchange Commission (SEC), as indicated by an announcement. Zipmex said it needed to meet a few stringent conditions to get the permit, including having investor value of 50 […]

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Malaysia Approves Digital Asset Exchange Luno

Malaysia Luno

Luno, the London-headquartered organization known as Bitx some time ago, has reported that it has been given endorsement by the Malaysia Securities Commission to work as a perceived market administrator in the Southeast Asian nation. Luno is one of just three initial organizations that the Malaysian controller permitted to enroll when it started the procedure in June. Luno has now […]

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Buying Bitcoin in Indonesia Still Possible Despite Ban

Buy Bitcoin Indonesia

Indonesia’s national bank – Bank Indonesia (BI) – has been wary of Bitcoin for quite a long while, however that has not halted the selection of crypto in the nation, with numerous regular folks exchanging and purchasing coins every day. Bank Indonesia restricted Bitcoin as a method for installment and does not mean to lift this boycott even with guideline […]

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North Korea Exploits Southeast Asian Cryptocurrency Exchanges

North Korea Southeast Asia

North Korea could represent a danger to nations over Southeast Asia as it hopes to misuse digital currency trades because of loopholes in administrative systems. The exploration from the Royal United Services Institute (RUSI) finds that as North Korea keeps on dodging worldwide approvals. It’s directing its concentration toward cryptographic forms of money like bitcoin. Because of the nearness of […]

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Entrepreneurs in Asia Should Follow Success from Founders in the Region

Asian Entrepreneur

As indicated by creator Zak Dychtwald in Young China, the late awesome Steve Jobs and Alibaba originator Jack Ma once went head to head in a warmed rivalry of sorts. As a major aspect of China’s offer to empower more business enterprise and development, the school segment at most grocery stores was loaded up with journals and different supplies bearing […]

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New Crypto Exchanges Launches in Indonesia

Bitcoin Indonesia

With advanced money exchanging volume plummeting, a portion of the greatest crypto trades are swinging to unconventional practices to support movement and win piece of the pie. A crypto exchange, or a digital currency exchange (DCE), is a web-benefit that gives its clients administrations to the trading of virtual cash into different resources like fiat or other computerized monetary standards. […]

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PundiX Bets Indonesia Will Lift Crypto Ban in Three Years

Bitcoin Indonesia

The crypto-installment arrangements start-up is pre-introducing its purpose in-offers gadget, in the desire that the country’s national bank will inevitably unwind its restriction on bitcoin installment exchanges. Pundi X, a start-up that is hoping to assemble a disconnected digital currency deals, has started sending its installment point-of-sale (POS) gadgets in Indonesia, wagering that the national bank will repudiate their present […]

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