Governor of Bank Indonesia (B.I.), Perry Warjiyo, said that the central bank considers to issue digital currency amid the proliferation of global crypto-currency developments. According to Law Number 7 of 2011 concerning Currency, there is only Rupiah used as the exchange rate in Indonesia. “We formulate the Central Bank Digital Currency and will circulate with banks and FinTech on a whole shale and retail basis,” he told in a virtual seminar on Thursday (Feb 25).
To run the planned, he said, the policymakers will coordinate with other central banks. Crypto assets such as Bitcoin, Ethereum, Ripple, Litecoin, IOTA, Dash, and Dogecoin are currently became a trend. In November last year, the global central banks starting to be interested in this virtual currency, and succeeded in formulating a framework for how they could make their own virtual money.
