Indonesia’s Web3 Sovereignty Play: Tax Visibility, CBDC Tokenization, and National Payment Rails
Indonesia is aligning digital-asset regulation, CBDC development, and national payments/identity infrastructure to expand state visibility over digital finance and reduce dependence on foreign-controlled fintech ecosystems. The strategy, as described by the source, positions the digital rupiah and domestic rails like QRIS and IKD as hedges against offshore stablecoins and growing cross-border competition around China-linked payment networks.