What's The Difference Between NFT and Cryptocurrency? A Beginner's Guide
NFT has gone viral on social media lately as a transactional tool to buy artwork.
NFT has gone viral on social media lately as a transactional tool to buy artwork.
Bappepti said the potential of and innovations made by local players in crypto market in Indonesia are promising and expected to continue growing.
New crypto asset that will be traded should be registered with Bappebti first through registered crypto-asset physical merchant candidate to be evaluated based on the regulations
An economics expert positively welcomes Bank Indonesias plan to issue central bank digital currency, or CBDC, as its deemed the right countermove against cryptocurrency that has been growing very rapidly in the country.
Financial inclusion rises to more than 76 percent, while Financial Literacy just reached 38 percent, said Indonesia Financial Services Authority.
Indonesias Ulema Council (Majelis Ulama Indonesia or MUI), the countrys top Islamic body that holds the authority on Shariah compliance, has declared the use of crypto as a currency haram. While crypto as an asset is allowed.
A branch of Nahlatul Ulama, one of the largest Islamic organizations in Indonesia, announces that cryptocurrency is haram or forbidden to use based on Islamic law.