IBAI News

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…

Jakarta administration seals buildings on reclaimed islets

Thu, 7 June 2018 | Jakarta Governor Anies Baswedan has deployed 300 Public Order Agency (Satpol PP) officers to seal buildings on reclaimed islets C and D in Jakarta Bay on the northern coast of Jakarta. The buildings, which were developed by PT Kapuk Naga Indah, a subsidiary of the Agung Sedayu…
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