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Published 2 years ago

Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments – Finance Bitcoin News

Summary by Ground News
Bank Indonesia has been studying the possible launch of its central bank digital currency since last year. The new currency is meant to be the only legal tender for digital transactions in the country. Once issued, the CBDC will be distributed to large banks and payment service providers, which will in turn sell digital rupiahs to smaller banking institutions.

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