Indonesia won’t impose tax for foreign funds anytime soon: BI

Tue, June 12, 2018 | The central bank has said the country will not impose a tax on foreign funds anytime soon, stressing that the issue is only being discussed and is an option to control both capital inflows and outflows. Bank Indonesia (BI) Governor Perry Warjiyo said in Jakarta…

Cryptocurrencies Legalized as Futures Trading Commodities by Indonesian Regulator

4 June 2018 | Bappebti, the Indonesian Trade Ministry’s Futures Exchange Supervisory Boards has legalized cryptocurrencies as commodities in the country. Local media sources announced the landmark decision on June 3, 2018. Bappebti’s directive comes even as the country’s central bank does not recognize cryptos as means of payments. Cryptocurrencies…
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