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Bitcoin Indonesia Invited to the Vice President's Office, What Will Be Discussed?
Indonesia is reportedly conducting a study to explore Bitcoin as a national reserve. Yesterday, Tuesday (5/8), representatives from the Bitcoin learning community, Bitcoin Indonesia, were summoned to the Vice President's Office of Indonesia to present how Bitcoin could benefit the country.
Through a thread on X, Bitcoin Indonesia explained that the Vice President's Office wanted to gain an understanding of how Bitcoin could support Indonesia.
Push for Danantara to Enter Bitcoin
The establishment of the Investment Management Agency (BPI) Daya Anagata Nusantara (Danantara) was once touted as a leader in the mass adoption of BTC in Indonesia. However, this has yet to materialize as there has been no statement from Danantara regarding entering the BTC space.
As a note, the proposal regarding Danantara also received a response from OJK, the regulator overseeing the financial services sector, including crypto. At that time, the Head of the Financial Sector Innovation Technology Supervisory (ITSK), Digital Financial Assets and Crypto Assets OJK, Hasan Fawzi stated that in general, every investment, whether from institutions, private corporations, or individuals, must align with the goals and risk profiles of each party.
According to him, any entity before finally deciding on the direction of investment must continually formulate policies and investment strategies independently, prudently, and accountably.
Separately, the CMO of Tokocrypto, Wan Iqbal, mentioned that the proposal for Bitcoin to become part of the country's strategic reserves indeed opens an important discussion about the direction of national investment policy in the digital era. He stated that OJK provided a wise response by keeping the exploration space open while emphasizing caution.
The next steps, according to Iqbal, need to focus on the formation of an adaptive and collaborative regulatory framework. So that innovation does not merely remain a discourse, but can truly contribute to national economic growth.