Bitcoin is all the rage in Indonesia. The country is also home to more cryptocurrency investors than stockholders. As governments across the globe try to figure out how to deal with the rise of crypto, Indonesia has mostly taken a hands-off approach. But now, a ruling by the country’s religious authorities says that cryptocurrency is bad. The World’s Patrick Winn reports.
The article you just read is free because dedicated readers and listeners like you chose to support our nonprofit newsroom. Our team works tirelessly to ensure you hear the latest in international, human-centered reporting every weekday. But our work would not be possible without you. We need your help.
Make a gift today to help us reach our $25,000 goal and keep The World going strong. Every gift will get us one step closer.