Indonesia to launch cryptocurrency exchange | Crypto

Indonesia to launch cryptocurrency exchange

-Cryptocurrencies could jeopardize the monetary sovereignty of some countries, according to UNCTAD.
-The use of cryptocurrencies increased exponentially during the Covid-19 pandemic, including in many developing countries.
-In some cases, government officials have taken the plunge and entered into the cryptoverse.
-The United Nations is pushing for the regulation of cryptocurrencies, restrictions on advertising, and a safe, reliable and affordable public payment system to suit the digital era.
-Unlike fiat currencieslike the dollar, pound, or eurocryptocurrencies are not issued by national governments.
-They also eliminate banks and put power in the hands of entire populations.

bit 1000x600 1 Indonesia to launch cryptocurrency exchange

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