22 September 2022
Indonesia will soon require two-thirds of crypto exchange board members and directors to be Indonesians residing within the country, in a bid to protect investors. According to the Trade Ministry’s Commodity Futures Trading Regulatory Agency (Bappebti), the rule would also require exchanges to use a third party to store clients’ funds, while prohibiting them from […]
5 September 2022
Bitcoin and other cryptocurrencies continued to trade sideways over the weekend, with the world’s largest cryptocurrency dipping below US$20,000 on Monday morning. At the time of writing, Bitcoin (BTC) is trading at US$19,723.54 (-0.19%) while Ethereum (ETH) is trading at US$1,560.45 (+0.47%). Major altcoins such as Solana (SOL), Avalanche (AVAX), and Polkadot (DOT) mostly traded […]
8 April 2022
The past week has been relatively flat for most large-cap cryptocurrencies, with no significant price fluctuations, pushing the volatility down to its lowest levels since the end of January. Bitcoin and other cryptocurrencies, which dipped mid-week, recovered slightly on Friday. The downward trend was sparked by the release of the US Federal Reserve meeting minutes […]
5 April 2022
Indonesia and Brazil lead cryptocurrency adoption globally, with 41% of participants in both countries reporting ownership of digital assets, according to a survey conducted by US-based cryptocurrency exchange Gemini. They are closely followed by the United Arab Emirates and Singapore at 35% and 30% respectively. Hong Kong ranks eighth at 24%. An increasing number of […]
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