Central Bank of Indonesia annouces to launch digital currency
Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, popularity of crypto currency is increasing exponentially. More people are adopting crypto currencies despite crypto winter.
Countries are trying to adopt new trend. For this purpose, central bank of Indonesia has announced to release a digital currency "Rupiah". Rupiah will be equal to national currency and used only legal tender for digital transactions in the country.
Launching of digital rupiah will make crypto more popular all over Indonesia. It will help to bring masses on blockchain and crypto currency which eventually help to strengthen crypto currency.
World need to adopt blockchain technology in order to make the record more transparent, secure and easily accessible. More adoption of crypto currency and blockchain technology will not only open new door of opportunities for user but also help government to earn handsome income. Better regulation will make it beneficial for community.
Succsessful adoption will open new way for other countries to launch their digital currencies. It will prove game changer for crypto and blocckhain technology. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
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If the developing countries like Indonesia are making crypto legal and the launch is at the government level, it means crypto has covered some moke stones already.
It's nice to know Indonesia accepting digital currency. There be more opportunities to use crypto in other countries !