Robinhood is entering Indonesia by acquiring a local brokerage and a crypto trading platform, giving it fast access to the country’s growing retail investor market. The company plans to offer US stocks and cryptocurrencies while keeping the local firms’ licences and gradually expanding its services after regulatory approval.

Indonesian authorities have arrested a Bandung-based hacker accused of exploiting a critical flaw inside the trading platform Markets.com—an incident that has quickly brought light to the limitations of Know-Your Customer identification as a primary defense mechanism for crypto exchanges.

Indonesia’s Finance Ministry has enacted sweeping changes to its crypto tax regime, raising income taxes for miners and sellers while removing value-added tax (VAT) obligations for buyers

Kenya’s High Court has delivered a seismic blow to Sam Altman’s Worldcoin project, ordering the immediate deletion of all biometric data collected from Kenyan citizens.

Trump’s “Liberation Day” policy enacts sweeping tariffs, starting at 10%, with steep levies on China (34%), the EU (20%), Taiwan (32%), and Israel (17%). Markets have reacted sharply, wiping out Bitcoin’s recent gains. Is a global trade war imminent?

Indonesian authorities are investigating a cryptocurrency scam where victims were tricked into transferring large sums to bank accounts, including those linked to Bank Central Asia (BCA). BCA has responded by pledging full cooperation with law enforcement and urging customers to stay vigilant against fraud.

Indonesia is considering a law to restrict social media access for children to protect them from online dangers, though concerns about privacy and data security have arisen. Many parents support the measure, but advocates call for a balance between child protection and digital rights.

Five South Korean fugitives were arrested in Muntinlupa for a $2.9 million cryptocurrency scam, while a sixth was caught in Pasay for larceny. Separately, an Indonesian drug courier was denied entry at NAIA and sent back to Bangkok.

A recent study have found that the majority of crypto investors in Indonesia are millennials.

Indonesia's regulatory agency, Bappebti, has extended the deadline for crypto exchanges to obtain a Physical Crypto Asset Trader (PFAK) license until the end of November 2024. This extension allows exchanges more time to comply with updated regulations and aims to strengthen the digital asset market in the country.