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Brokers

Doo Financial Gains Indonesia Trading Licenses in Southeast Asia Push

  • PT. Doo Financial Futures has secured crucial regulatory authorization from BAPPEBTI, the local market watchdog.
  • For the CFD broker, this is another important regulatory update after receiving a similar permit from CySEC a month ago.
Wednesday, 18/12/2024 | 08:39 GMT by Damian Chmiel
CryptoCurrency

Tokocrypto Bags PFAK with Binance Boost, Gaining Ground in Indonesia’s Crypto Arena

  • The firm’s user base exceeds 4.5 million, with trading volume up 138%.
  • It is the “third exchange to obtain the license,” citing Binance’s support as a factor.
Monday, 09/09/2024 | 09:46 GMT by Tareq Sikder
Payments

Indonesia and South Korea Pave the Way for Seamless Digital Payments

  • A strategic leap in digital finance.
Tuesday, 16/07/2024 | 15:55 GMT by Pedro Ferreira
Payments

Nium and Artajasa Join Forces to Simplify Cross-Border Payments in Indonesia

  • The company wants to facilitate real-time transfers between Indonesia and the world.
  • The collaboration is part of Nium's ongoing expansion in the Asia-Pacific region.
Tuesday, 23/04/2024 | 08:20 GMT by Damian Chmiel
Brokers

Exclusive: XTB Acquires Broker in Indonesia to "Become a Gateway to Asia"

  • The finalization of the purchase of Eagle Capital Futures took place in January 2024.
  • Indonesia is a market slightly smaller than the entire EU, with many retail investors.
Friday, 29/03/2024 | 09:33 GMT by Damian Chmiel
CryptoCurrency

Indonesia Implements Sandbox for Crypto Firms Ahead of OJK Oversight

  • In January 2025, Indonesia will transfer crypto regulatory oversight from Bappebti to OJK.
  • With the regulatory changes, crypto assets may shift from commodities to financial instruments.
Thursday, 28/03/2024 | 09:45 GMT by Tareq Sikder
Retail FX

Webull Dives into Indonesian Market as Global Expansion Continues

  • The trading platform is targeting the growing investor base in the region.
  • Webull operates in Singapore, Australia, South Africa, the UK, and Japan.
Monday, 30/10/2023 | 13:41 GMT by Jared Kirui
CryptoCurrency

Indonesia Launches State-Backed Crypto Exchange and Clearing House

  • CoFTRA has unveiled managers for a crypto depository service.
  • The platform was expected to launch in 2021.
Friday, 21/07/2023 | 13:18 GMT by Jared Kirui
FinTech

MUFG Invests $200M in Indonesian Digital Banker Akulaku

  • Akulaku wants to reach underserved markets in Southeast Asia.
  • Both firms also signed a partnership agreement.
Monday, 26/12/2022 | 16:58 GMT by Solomon Oladipupo
Institutional FX

London Stock Exchange Sees Expansion in FX Business during 2021

  • This year, the exchange launched a global electronic trading matching service in Indonesia.
  • LSE also witnessed record IPOs in 2021.
Thursday, 30/12/2021 | 09:02 GMT by Bilal Jafar
News

Binance Establishes Partnership with MDI Ventures

  • The collaboration will expand the blockchain ecosystem in Indonesia.
  • MDI is the venture capital arm of Telkom Indonesia.
Wednesday, 15/12/2021 | 11:22 GMT by Bilal Jafar
News

Binance Plans Joint Venture with Big Indonesian Firms

  • Binance already owns a majority stake in a local Indonesian crypto exchange.
Friday, 10/12/2021 | 12:22 GMT by Arnab Shome
News

WeLab Announces Acquisition of Indonesia’s Bank Jasa Jakarta

  • The company aims to introduce its second digital bank in Asia.
Tuesday, 07/12/2021 | 10:06 GMT by Bilal Jafar
Retail FX

KB Securities Is Investing $43M to Acquire an Indonesian Brokerage

  • The approval of the deal is now pending with the Indonesian financial regulator.
Friday, 27/08/2021 | 07:54 GMT by Arnab Shome
News

Indonesia Is Considering to Tax Crypto Trading

  • The country has 4.45 million registered crypto investors, according to Bappebti.
Tuesday, 11/05/2021 | 10:48 GMT by Arnab Shome
Thought Leaders

State of Online Forex & CFD Trading Industry and its Regulations in SE Asia

  • Many international CFD brokers mainly from Europe & Australia have started to offer their services in these regions.
Monday, 03/05/2021 | 11:37 GMT by Finance Magnates Staff
FinTech

Indonesian Fintech Firm Payfazz Invests $30 Million in Xfers

  • Payfazz made a strategic investment in the Singapore-based firm to establish Fazz Financial Group.
Thursday, 04/03/2021 | 11:44 GMT by Bilal Jafar
News

Indonesia's Booming Startup Scene Poised for Further Growth: Report

  • The country is now home to at least 322 fintech companies across a number of different subsectors.
Monday, 07/12/2020 | 09:01 GMT by Rachel McIntosh
News

Binance Invests Undisclosed Sum in Indonesian Crypto Exchange

  • The exchange is planning for local expansion.
Tuesday, 12/05/2020 | 07:31 GMT by Arnab Shome
News

Crypto Exchange Zipmex Gets Green Light from Indonesian Regulator

  • The exchange is expanding its business across the Asia-Pacific region.
Tuesday, 10/03/2020 | 07:40 GMT by Arnab Shome
Regulation

Indonesia to Limit Foreign Ownership of FX E-Trading Platforms

  • The central bank of Indonesia will limit foreign ownership of electronic trading platforms to 49 per cent.
Tuesday, 07/05/2019 | 12:02 GMT by Celeste Skinner
Coins

Crypto.com Enters Indonesia, Lists CRO on Indodax

  • The platform, previously known as Monaco, also provides pre-paid cryptocurrency cards.
Tuesday, 12/03/2019 | 13:46 GMT by Arnab Shome
Regulation

Indonesia Launches Regulatory Framework for Crypto Futures Market

  • Cryptocurrency future exchanges wanting to operate in Indonesia must be registered before they can operate in the country.
Monday, 18/02/2019 | 18:19 GMT by Celeste Skinner
News

Indonesia Approves Cryptocurrency Futures Trading, Prepares Regulation

  • Laws will govern exchanges, wallets and mining operations, and trading will be taxed.
Wednesday, 06/06/2018 | 12:40 GMT by Simon Golstein
News

Tron Wins Listing on Indonesia's Biggest Cryptocurrency Exchange

  • Indodax may soon have more users than the country's biggest traditional stock market.
Sunday, 03/06/2018 | 14:35 GMT by Simon Golstein
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