Tag Archives: Indonesia

CoinspeakerIndonesia’s Election Results Could Boost Crypto, Say Observers Indonesia conducted its presidential election in February 2024, with Subianto and  Rakabuming emerging winners. During the presidential campaign, both Subianto and Rakabuming declared their support for the crypto economy. Indonesia’s Election Results Could Boost Crypto, Say Observers

Not long ago, the national council of Islamic scholars stated that Muslims in Indonesia should not be permitted to trade crypto as it exposes investors to unnecessary risk and goes against Islamic law. From there, Indonesia’s Ulama Council announced a fatwa on bitcoin, which is classified as a “non-binding religious ruling.” Bitcoin has since been declared haram, or something that is forbidden. Indonesia Has Become a Crypto Hotspot KH Asrorun Niamm Sholeh – the council’s...