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Stablecoin Market Capitalization Increases USD 608 million in October 2023

The market capitalization of stablecoins experienced growth in October after several consecutive monthly declines. In October, the stablecoin capitalization increased by USD 608 million, equivalent to IDR 9.4 trillion (assuming an exchange rate of IDR 15,623 per US dollar). According to Bitcoin.com on Wednesday (11/8/2023), as of the closing on September 30, 2023, the market […]

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Bappebti Will Launch a New Commodity Exchange, What’s It About?

The Commodity Futures Trading Regulatory Agency (Bappebti) is gearing up to introduce a new commodity exchange in the near future. The Head of Bappebti for the 2022-2023 term, Didid Noordiatmoko, has stated that the agency’s focus will be on strategic commodities. Currently, there is a futures exchange for Crude Palm Oil (CPO). “In the future, […]

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OJK Reports Increased Crypto Customer Count but Decreasing Transaction Values

Hasan Fawzi, the Chief Executive for Financial Technology Innovation Oversight, Digital Financial Assets, and Cryptocurrency at the Financial Services Authority (OJK), revealed that the number of cryptocurrency customers in Indonesia is on the rise. Fawzi explained that as of September 2023, the registered customer count for crypto assets reached 17.91 million customers. This figure represents […]

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Worldcoin to Stop Paying Orb Operators in USDC, Transition to WLD Token Payments

Worldcoin, a digital currency project, recently declared its decision to switch its payment mode for Orb Operators from USD Coin (USDC) to its native Worldcoin (WLD) token. This change is expected to take effect as early as November. Orb Operators, independent participants responsible for scanning people’s irises in exchange for WLD tokens, will be exclusively […]

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Bitlink’s Global Reach: An Unmatched Cryptocurrency Exchange Experience

Introduction: In the ever-evolving landscape of cryptocurrency, Bitlink Exchange stands out not just as a trading platform but as a dynamic gateway to a global community where the spirit of innovation in digital currency thrives. This article delves into the unique features and accomplishments of Bitlink, emphasizing its role in shaping a decentralized financial future. […]