Indonesia | Crypto

Bank Indonesia launches plans for a digital rupiah backed by government bonds, reflecting ongoing efforts to integrate blockchain into monetary operations. The post CBDC with Stablecoin Mechanics: Indonesia’s Digital Rupiah to Be Backed by Government Bonds appeared first on Cryptonews.

Bank Indonesia will issue tokenized government bond–backed digital securities built on its digital rupiah CBDC, calling it the nation’s “stablecoin version.” Bank Indonesia (BI), Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital currency backed by government bonds (SBN). The initiative was unveiled by central bank Governor Perry Warjiyo during the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025 in Jakarta on Thursday, according to a report by CNBC Indonesia. During the summit, Warjiyo said Bank Indonesia plans to issue digital central bank securities, which are tokenized versions of SBN. The digital securities will be backed by the digital rupiah, the country’s central bank digital currency (CBDC). Read more

Indonesia’s crypto industry could add $16.5 billion to the economy and create 1.22 million jobs. The post Indonesia’s Crypto Industry Could Add $16.5B to Economy, Create 1.2M Jobs: Report appeared first on Cryptonews.

Indonesia’s crypto tax has logged its highest take, 620 billion rupiah in 2024, after rule updates and 650 trillion-rupiah trading volumes. With 20 million users, mainly under 30, officials now see 2025 revenue sliding as price swings and new exchange levies reshape activity. The post Indonesia’s Crypto Tax Revenue Skyrockets 181% – But Volatility Raises Red Flags appeared first on Cryptonews.