Bitcoin News Today: Indonesia Considers Bitcoin for National Reserves Amid Crypto Growth

The Indonesian government is exploring the inclusion of Bitcoin in its national financial reserves, according to recent discussions between Bitcoin Indonesia and the office of Vice President Gibran Rakabuming Raka. The meeting, held in mid-August 2025, marked a significant step toward integrating digital assets into the country’s broader economic strategy. Officials and community representatives discussed how Bitcoin could be mined using Indonesia’s abundant renewable energy resources, such as geothermal and hydroelectric power, to contribute to the nation’s reserve capital. This approach, they argued, could enhance financial stability while aligning with global sustainability goals [1].

The discussions emphasized Bitcoin’s potential as a strategic reserve asset, citing its fixed supply and global acceptance as key advantages over traditional reserves. The government’s interest in Bitcoin was also framed as a way to strengthen financial sovereignty and position Indonesia as a leader in digital finance [2]. An official from the Vice President’s office highlighted the importance of public education on Bitcoin and blockchain technology, suggesting that widespread knowledge could support broader adoption and economic development [3].

The idea of holding Bitcoin as a reserve asset is emerging amid Indonesia’s growing cryptocurrency market. In 2024, the country reported over $40 billion in crypto transactions, with more than 20 million users on licensed platforms—exceeding the number of stock market participants. The government has also seen a surge in crypto-related tax revenue, with collections reaching 620 billion rupiahs ($38 million) in 2024, a 181% increase from the previous year [4].

Despite recent regulatory adjustments—such as higher crypto transaction taxes—the government is now open to considering Bitcoin as a reserve. The new tax rates, which took effect on August 1, 2025, increased fees for both domestic and international crypto exchanges. This suggests a careful balancing act between regulation and strategic investment [5].

The potential inclusion of Bitcoin in Indonesia’s reserves has also been supported by speculative price forecasts. One projection cited in the discussions suggested that Bitcoin could reach $13 million by 2045 and as high as $21 million by 2046. While such forecasts are not guarantees, they were presented as part of a broader narrative supporting the asset’s long-term strategic value [6].

Indonesia is not the only country considering this approach. Brazil has reportedly initiated similar discussions, indicating a regional trend toward using digital assets in national economic planning. However, Indonesia’s strategy appears more advanced, with direct involvement from high-level officials and a clear focus on education and energy sustainability [7].

As the country moves forward, the success of the initiative will depend on its ability to manage risks associated with digital assets while maximizing their potential benefits. The exploration of Bitcoin as a reserve asset reflects Indonesia’s growing interest in digital finance and the evolving global perspective on national wealth management [7].

Sources:

[1] https://cointelegraph.com/news/indonesia-exploring-bitcoin-reserve-strategy

[2] https://www.tradingview.com/news/cryptonews:3791870ae094b:0-indonesia-explores-bitcoin-as-reserve-asset-to-boost-economy/

[3] https://coinpedia.org/news/indonesia-considers-holding-bitcoin-in-national-reserves/

[4] https://cryptobriefing.com/bitcoin-education-indonesia-policy/

[5] https://www.mexc.com/news/brazil-and-indonesia-weigh-creation-of-strategic-bitcoin-reserves/63919

[7] https://bitcoinist.com/brazil-indonesia-national-bitcoin-reserve-plans/