Indonesia

ESG / Sustainability

Bank Indonesia Partners Major Islamic Group to Deepen Sharia Finance

By Sanday Chongo Kabange | 08/08/2025

The central bank and Muhammadiyah signed a pact to support sharia economic policy, empower businesses, and expand the Islamic financial market.

Crypto / Digital Assets

Indonesia Explores Integrating Bitcoin in National Reserves

By Manesh Samtani | 07/08/2025

Officials met with a crypto advocacy group to discuss using renewable energy for mining, even as the country maintains a crypto payments ban.

Capital / Liquidity

Malaysia, Indonesia, Thailand Expand Local Currency Settlement Network

By Nithya Subramanian | 06/08/2025

The central banks have appointed new ACCDs to support the LCTF, to boost trade and investment settlements in ringgit, rupiah and baht.

Fintech / Regtech

Indonesia Set to Finalise AI Regulation, Launch Data Watchdog

By Manesh Samtani | 04/08/2025

Indonesia will issue a presidential decree on AI governance and establish its national data protection authority within August.

Fintech / Regtech

Bank Indonesia to Commence Trial of New 'Payment ID' System

By Nithya Subramanian | 04/08/2025

A limited trial will begin on 17 August to streamline financial data integration while adhering to strict personal data protection laws.

Crypto / Digital Assets

Indonesia’s OJK Takes Over Full Oversight of Digital Assets from Bappebti

By Nithya Subramanian | 01/08/2025

The regulator will focus on strengthening regulatory certainty, enhancing consumer protection, and ensuring financial system stability.

Capital / Liquidity

Indonesia to Inject Funds into Four State Banks to Boost Rural Lending

By Nithya Subramanian | 01/08/2025

The government will place funds into four state-owned banks to boost lending to village cooperatives, as part of President Prabowo’s push to drive economic growth.

Crypto / Digital Assets

Indonesia Overhauls Crypto Rules, Reclassifies Assets, Hikes Taxes

By Editors | 31/07/2025

New rules effective 1 August will double transaction taxes for sellers and reclassify crypto as a financial asset, removing VAT for buyers.

Fintech / Regtech

Indonesia's OJK Boosts Oversight with Integrated GRC System and Data-Sharing Pact

By Mark Johnston | 28/07/2025

OJK has launched a real-time risk platform and signed a data-sharing pact to tighten supervision of financial firms.