Is Indonesia Ready to Have Bitcoin Reserves? OJK Speaks Out, Crypto World in an Uproar!
Danantara Proposed to Have Bitcoin Reserves, OJK Finally Speaks!
The domestic crypto world was stirred by a shocking proposal: Indonesia Sovereign Fund (Danantara) is suggested to start accumulating Bitcoin as a national reserve! This proposal sparked both support and opposition across various circles, including from Indonesia's financial regulator — Financial Services Authority (OJK).
The figure that appeared in this viral post is an important government official, standing in front of the Indonesia Sovereign Fund logo. This issue has become a hot topic of discussion on social media, especially after the account @wargacrypto.id shared a post stating:
> “Danantara Proposed to Have Bitcoin Reserves — OJK Speaks.”
According to circulating information, the purpose of this Bitcoin reserve is to diversify state assets, protect national wealth from inflation, and follow the trend of developed countries that are starting to include crypto assets in their portfolios.
OJK responded cautiously, stating that they are ready to study this discourse further, but still emphasize the need for strong regulations and governance if this is to be realized.
If this discourse becomes a reality, Indonesia could become one of the first countries in Southeast Asia to make Bitcoin a part of its sovereign wealth fund. This would certainly send a positive signal to global investors and local blockchain industry players.
[CONCLUSION]
Is Indonesia ready to follow in the footsteps of El Salvador and countries that have started accumulating Bitcoin? Or is this just a political discourse ahead of a government transition? One thing is for sure, the Indonesian crypto world is waiting for a new chapter full of surprises.
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