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Home BREAKING NEWS

Indonesia’s VP Candidate Champions Blockchain and Crypto

by BlockNews.com Team
December 19, 2023
in BREAKING NEWS, BUSINESS, CRYPTO
Reading Time: 2 mins read
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  • Gibran Rakabuming Raka, Indonesia’s vice presidential candidate, vowed to prepare blockchain and crypto experts if elected.
  • Gibran said his party would provide opportunities for Indonesian youth in the digital space, including blockchain, crypto, AI, and digital marketing.
  • Gibran aims to make Indonesia a hub for Web3 tech, but the country has a complex relationship with crypto, banning payments but launching an exchange.

Gibran Rakabuming Raka, the mayor of Surakarta, Indonesia, has promised to strengthen the country’s talent in blockchain and crypto if elected as vice president. This will provide more opportunities for Indonesian youth in the digital space.

🚨 NEWS: 🇮🇩 Indonesian vice-presidential candidate pledges to enhance the country's crypto expertise.

— BlockNews.com (@blocknewsdotcom) December 19, 2023

Promising to develop blockchain and crypto experts

During a recent political gathering, Gibran said his party would provide opportunities for young people in the digital realm. He wants to develop future talents with skills needed for the future economy.

The digital push would include venturing into blockchain and crypto. Gibran stated he would prepare blockchain, crypto, and cybersecurity experts. He also mentioned developing experts in artificial intelligence and digital marketing.

Background on Indonesia’s complex relationship with crypto

Gibran was chosen in October 2022 as the running mate for Indonesia’s defense minister and presidential candidate Prabowo Subianto. The election is in February 2024.

Indonesia aims to be a hub for Web3 technology. However, in May 2022, Indonesia banned crypto payments and threatened punishments for tourists using them. Then in July, the country launched a national crypto exchange.

Conclusion

If elected, Gibran plans to strengthen Indonesia’s blockchain and crypto talent. This promises more digital opportunities for Indonesian youth. It remains to be seen how Gibran would navigate Indonesia’s complex relationship with crypto if elected vice president.

Tags: BlockchaincryptoIndonesia
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