Indonesia: White Paper on development of Digital Rupiah (CBDC)
Progress
Current status
under deliberation
30 Nov 2022 under deliberation
Scope
Implementers
Indonesia
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Published White Paper on a Central Bank Digital Currency (CBDC) for Indonesia
On 30 November 2022, Bank Indonesia released a White Paper for the development of a Digital Rupiah, called “Project Garuda”. The purpose of the White Paper is to explain the Digital Rupiah end-to-end integrated design configuration, design features,…
SourceEvent type
outline
Action type
announcement
Government branch
executive
Government body
other regulatory body