🏆 Turkiye and Nigeria share the top among the countries that have adopted crypto the most on an adult basis, with a rate of 47%.

$BTC #Bitcoin #Turkiye #Nigeria #UAE #Indonesia

🔔Hi Binance Feed Fam, 👋

We are Happy to announce that we’ve added 2 more languages for Feed - Indonesian & Vietnamese! 🎉

ID Feed: https://www.binance.com/id/feed
VN Feed: https://www.binance.com/vi/feed

#Binance #crypto2023 #BTC #BNB #Indonesia

🇮🇩 #Indonesia announces plans to launch a national #crypto exchange.

#Indonesia aims to launch its much-anticipated state-backed #crypto exchange by mid-2023.

Happy iftar.....

-Yz-

#Jakarta
#UTC+7
#Iftar
#Indonesia

#Indonesia Crypto-Stock #Exchange, Clearing House Goes Live After Long Delays

The long-awaited #Nasdaq-style national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.

Indonesia's stock market and clearing house for digital assets is finally operational after multiple delays, according to a Thursday announcement from the country's commodities regulator.

The #government had initially planned to start operations by the end of 2021, but subsequent delays, the most recent in February, saw the launch pushed back. The long-awaited Nasdaq-style bourse for crypto has been operational since July 17, according to the announcement.

Indonesia Officially Launches its National Cryptocurrency Exchange Platform.

$BTC

#WebGTR #Indonesia #cryptocurrency #crypto #bitcoin

With a list of tradable assets, the government of #Indonesia has increased the acceptance of #cryptocurrencies in the nation. #XRP, the native coin of Ripple, was added to the list of 501 digital assets. With the recent disclosure, XRP and other listed #coins have been granted permission to trade in the nation.

In an alarming incident, a Jakarta, Indonesia, family faced a devastating blow as their recently-married son-in-law orchestrated a deceitful plot, resulting in the loss of $2.5 million. With promises of enriching the family's wealth through cryptocurrency ventures, the groom managed to deceive not only his in-laws but also his own spouse. This unfortunate event sheds light on the darker side of the financial realm.

Upon joining the family, the son-in-law wasted no time in charming distant relatives with tales of cryptocurrency riches, winning their trust with his supposed financial expertise. Once he gained their confidence, he focused on convincing his wife to invest their assets in cryptocurrencies under his management.

However, the son-in-law's true intentions were revealed when it came to light that he had exploited the allure of cryptocurrencies to defraud the entire family, accumulating a staggering $2.5 million in illicit gains. This despicable act serves as a stark reminder of the risks associated with cryptocurrency investments.

Indonesian authorities are actively pursuing the son-in-law, cautioning the public against falling victim to such scams as cryptocurrency popularity surges. As digital currencies gain traction, so does the prevalence of fraudulent activities. It's crucial for individuals to exercise vigilance and caution in navigating the complex world of financial investments to avoid falling prey to similar schemes of deception and exploitation.

#Indonesia #crypto #Megadrop #bitcoinhalving #BullorBear

In an alarming incident, a Jakarta, Indonesia, family faced a devastating blow as their recently-married son-in-law orchestrated a deceitful plot, resulting in the loss of $2.5 million. With promises of enriching the family's wealth through cryptocurrency ventures, the groom managed to deceive not only his in-laws but also his own spouse. This unfortunate event sheds light on the darker side of the financial realm.

Upon joining the family, the son-in-law wasted no time in charming distant relatives with tales of cryptocurrency riches, winning their trust with his supposed financial expertise. Once he gained their confidence, he focused on convincing his wife to invest their assets in cryptocurrencies under his management.

However, the son-in-law's true intentions were revealed when it came to light that he had exploited the allure of cryptocurrencies to defraud the entire family, accumulating a staggering $2.5 million in illicit gains. This despicable act serves as a stark reminder of the risks associated with cryptocurrency investments.

Indonesian authorities are actively pursuing the son-in-law, cautioning the public against falling victim to such scams as cryptocurrency popularity surges. As digital currencies gain traction, so does the prevalence of fraudulent activities. It's crucial for individuals to exercise vigilance and caution in navigating the complex world of financial investments to avoid falling prey to similar schemes of deception and exploitation.

#Indonesia #crypto #Megadrop #bitcoinhalving #BullorBear

🔥#Cryptonewsdaily : #Indonesia is finally launching their own national #crypto exchange after many hiccups and delays🚀

Indonesia Launches Crypto Exchange and Clearing House

#CryptocurrencyNews #NFT #Web3 #Blockchain #Indonesia $BTC

Indonesia set to launch a cryptocurrency exchange in July.

#WebGTR #Indonesia #crypto #cryptocurrency #exchanges

Which country is better for a holiday?

#Turkey or #Indonesia

Choosing between Turkey and Indonesia for a holiday depends on your preferences and what kind of experiences you're seeking:

Turkey:
- Offers a rich blend of history, culture, and stunning landscapes.
- Famous for its historical sites like Istanbul's Hagia Sophia and Topkapi Palace, as well as the unique landscapes of Cappadocia.
- Delicious Turkish cuisine and the opportunity to try traditional dishes like kebabs, baklava, and Turkish delight.
- Beautiful Mediterranean and Aegean coastal regions for beach vacations.
- A diverse range of activities from hot air ballooning to exploring ancient ruins.

Indonesia:
- Known for its natural beauty, including Bali's beaches, Komodo Island's unique wildlife, and Java's volcanoes.
- Offers a mix of cultural experiences, with traditional Balinese dances, temples like Borobudur, and diverse local cuisines.
- Great for outdoor enthusiasts with activities like surfing, diving, trekking, and wildlife encounters.
- Offers a range of affordable options for travelers, making it budget-friendly.
- Rich biodiversity and opportunities for eco-tourism.

Both countries have a lot to offer, so the choice depends on your interests and what kind of holiday you're looking for. If you prefer historical and cultural experiences with a blend of natural beauty, Turkey might be a better choice. If you're seeking tropical beaches, outdoor adventures, and diverse landscapes, Indonesia could be the ideal destination.

#Indonesia 's crypto exchanges faced a 60% decline in trading volumes in 2023, largely attributing the drop to high income and VAT #taxes on crypto transactions, as #Cryptocurrencies are treated as commodities. The industry hopes for a change in classification to securities, which might reduce tax burdens and boost trading activity.

#BTC #BTC **1. Indonesia's Digital Rupiah Takes Flight in 2024 with CBDC Trials! 🚀**

Bank Indonesia (BI) sets its sights on the future, confirming plans for a Central Bank Digital Currency (CBDC) trial in partnership with leading commercial banks. Get ready for the digital rupiah revolution!

**2. Blockchain Breakthrough: BI's Full-Scale Trials to Transform Interbank Settlements! 💹**

Business Times reveals BI's game-changing move as it dives into wholesale interbank settlements using cutting-edge blockchain technology. The digital rupiah is on the verge of reshaping the financial landscape.

**3. CBDC Countdown: BI Governor Unveils Tech and Regulatory Plans for 2024 Pilot! ⏰🔧**

BI Governor Perry Warjiyo unveils the roadmap for the CBDC pilot, focusing on technological and regulatory architecture. The digital rupiah is set to redefine the future of currency in the digital era.

**4. Crossing Borders and Venturing into the Metaverse: BI's CBDC Pilot Explores New Horizons! 🌐🚀**

BI collaborates with commercial banks and technical partners for cross-border settlements, tokenizations, and metaverse use cases. The digital rupiah is not just a currency; it's a gateway to new possibilities.

**5. Indonesia's CBDC Journey: From Proof-of-Concept to Full-Scale Innovation in 2024! 🌍💡**

Explore the evolution of Indonesia's CBDC journey, from proof-of-concept in 2022 to the upcoming full-scale trials. BI's vision for the digital rupiah is set to reshape the financial landscape.

**🌟 Page Promotion: Follow "Mr Ghost" for Exclusive Updates on Crypto and Financial Innovations! 🚀👻**

Stay ahead of the curve with Mr Ghost! Join the community for in-depth insights, breaking news, and engaging discussions on the world of finance and digital currencies. Don't miss out on the future – follow "Mr Ghost" now!
#Indonesia #BTC #BinanceEarnings $BTC

Crypto Tax Collected in India, Indonesia and Philippines (December 2022)

🇮🇳 India: ₹10.2 billion ($123 Million)
🇵🇭 Philippines: ₱4.5 billion ($80 Million)
🇮🇩 Indonesia: Idr 246 Billion ($17 Million)

#CryptoTax #India #Philippines #Indonesia

The 10 largest economies in the world in 2030 have been announced. 🔎💰👀

The global economic landscape is undergoing a transformative shift, with emerging economies making significant strides. According to IMF data, the anticipated top 10 largest economies in the world by 2030 reveal a noteworthy reordering of the current hierarchy.

1. China
- Projected GDP: $40 trillion
- Growth: 177%

2. India
- Projected GDP: $36.8 trillion
- Growth: 387%

3. USA
- Projected GDP: $11.6 trillion
- Growth: 60%

4. Egypt
- Projected GDP: $7 trillion
- Growth: 583%

5. Türkiye (Turkey)
- Projected GDP: $6.9 trillion
- Growth: 314%

6. Indonesia
- Projected GDP: $6.9 trillion
- Growth: 216%

7. Brazil
- Projected GDP: $5.4 trillion
- Growth: 169%

8. Russia
- Projected GDP: $3.9 trillion
- Growth: 98%

9. Germany
- Projected GDP: $2.7 trillion
- Growth: 64%

10. Japan
- Projected GDP: $1.8 trillion
- Growth: 33%

This anticipated shift underscores the dynamic nature of the global economy, with Turkey poised to significantly enhance its economic standing by 2030. As traditional powerhouses face challenges, the rise of emerging economies signals a new era in the world economic order.

#economy #China #India #Turkey #Indonesia

Lisk partners with Indonesia's Ministry of Communications & Informatics to boost Web3 startups, offering support and education to fuel digital innovation.

$LSK @Lisk #Indonesia

https://blockchainreporter.net/lisk-and-indonesian-ministry-of-communications-forge-alliance-to-elevate-local-web3-startups/

How Indonesia’s Police Busted a Million-Dollar Bitcoin Mining Scheme. 🇮🇩🪙💰

Bitcoin mining is a lucrative but energy-intensive process that involves solving complex mathematical problems to generate new bitcoins. However, some miners resort to illegal means to power their operations, such as stealing electricity from the grid. This is what happened in Indonesia, where the police recently shut down ten Bitcoin mining farms that allegedly siphoned off nearly $1 million USD worth of electricity.

The Raid

On December 20, 2023, North Sumatra Police raided ten locations in three cities, seizing 1,134 Bitcoin mining machines. The organizers tampered with electrical circuits to steal electricity worth 14.4 billion Indonesian Rupiahs ($935,666 USD). Suspects could face up to five years in prison and a fine of 100 million Rupiahs ($6,500 USD) for violating electricity laws.

The Trend

In November 2023, Chinese official Yi Xiao was sentenced to life imprisonment for enabling illegal electricity access to a Bitcoin mining operation in Inner Mongolia. Accused of abusing his power, Xiao allowed the mining enterprise to use 10% of a city's electricity supply, affecting 1.5 million people. This case reflects a broader trend, with authorities in various Asian countries cracking down on similar operations causing power outages, grid instability, and financial losses.

The Impact

The rise of Bitcoin and cryptocurrencies has spiked electricity demand, with Bitcoin mining alone consuming 121 TWh annually, surpassing countries like Argentina or Norway. Concerns about environmental impact and legal issues have prompted calls for regulation. Some nations ban or restrict mining (e.g., China, Iran), while others (e.g., Canada, Iceland) embrace it with renewable energy. The recent shutdown of Bitcoin mining farms in Indonesia underscores the need for responsible practices in this evolving sector, forcing a global balance between benefits and risks, necessitating fair and lawful usage.

#Indonesia #mining #BTC