Crypto Pulse

Starting October 1, 2026, Bank Indonesia will expand the 0% Quick Response Code Indonesian Standard, or QRIS, Merchant Discount Rate for transactions of up to IDR100,000. The policy will cover all merchant categories, including small, medium, and large businesses that could previously be charged a 0.7% MDR.The phrase “zero-percent QRIS fee,” however, needs to be interpreted carefully. The fee being reduced to zero is the MDR borne by merchants when accepting eligible payments. It is not an autom

Indonesia’s annual inflation rate rose to 3.19% in August 2026. The figure remained within Bank Indonesia’s 2.5%±1% target range, yet it may not match what individual households experience when buying food, paying for transportation, or covering other recurring expenses.According to BPS-Statistics Indonesia, the Consumer Price Index reached 111.97 in August 2026. Inflation was recorded at 0.21% compared with July, 1.86% since the beginning of 2026, and 3.19% compared with August 2025.Annual infl

The reported value of digital financial asset derivatives transactions in Indonesia fell from IDR 4.19 trillion in June to IDR 3.41 trillion in July 2026. Indonesia’s Financial Services Authority, or OJK, reported a monthly decline of 18.53% in a release published on September 7, 2026.The decline shows that recorded derivatives transaction activity was lower in July than in the previous month. It does not prove that every trader reduced leverage, that open positions fell by 18.53%, or that liqui

Stablecoins are often promoted as a cheaper way to send money across borders. Assets such as USDT and USDC can move through a blockchain around the clock without waiting for bank operating hours. On certain networks, the transaction fee can also be considerably lower than the cost of a conventional international transfer.The process, however, does not necessarily end when the stablecoins arrive in the recipient’s wallet. A recipient in Indonesia will usually need rupiah that can be spent from a

What to KnowThe Fed raised its target range by 25 basis points to 3.75%–4.00%, from 3.50%–3.75% held since December 2025.The decision was unanimous, 12–0. It was Chair Kevin Warsh's first rate-hike vote.The median projected federal funds rate for end-2026 rose to 4.1%, up from 3.8% in June.16 of 18 officials projected at least one additional increase this year; four projected two.The 2026 PCE inflation forecast rose from 3.6% to 3.7%; core PCE from 3.3% to 3.4%.The 2026 unemployment forecast fel

The last session was Tuesday, September 15. All three indices closed lower the day before the decision, with the S&P 500 down 0.45% at 7,585.51, the Nasdaq Composite down 0.78% and the Dow Jones Industrial down 0.63%. The pressure came from the bond market: the 10-year Treasury yield touched 5% on Monday, its highest since 2023. Today's stock in focus is Skyworks (SWKS), up 13.55% at $90.00, and what rose was a merger close to the finish line. The $22B combination with Qorvo is in its final stag

Overview When centralized cryptocurrency exchanges terminate services, restructure operational entities, or exit specific jurisdictions due to shifting regulatory regimes, unwithdrawn capital faces immediate administrative friction. Market participants holding stranded coinex funds after shutdown must confront rigid post-deadline custodial protocols that deviate substantially from standard trading operations. Following the expiration of designated withdrawal grace periods, trading platforms typi

Overview Regulatory scrutiny across international virtual asset markets has driven a series of structured market exits, placing platform specific redemption timelines at the center of institutional and retail focus. When centralized digital asset exchanges face legal mandates or undertake strategic restructuring, formal withdrawal deadlines establish the final operational parameters for reclaiming deposited funds. Landmark enforcement actions, including past settlements overseen by the Office of

Overview Publicly traded proxies for the digital asset industry experienced aggressive institutional liquidation as legislative efforts to pass the CLARITY Act stalled within the United States Senate. Shares of Coinbase and stablecoin powerhouse Circle declined sharply across secondary markets, wiping out substantial capitalizations in single trading sessions. The steep retracement reflects an abrupt reset in institutional expectations. For quarters, equity analysts had priced in a structural va

Circle fell around 8–9% on September 15, 2026 after the U.S. Senate failed to invoke cloture on the CLARITY Act, 49–50 against a 60-vote threshold. The bill is not dead — a senator voted no specifically to preserve a motion to reconsider. Circle launches the Arc public mainnet on September 16, giving it a company-specific catalyst one day after a sector-wide setback.Circle Internet Group enters September 16 with two catalysts pulling in opposite directions.On Tuesday the Senate failed to invoke