Currently Indonesia is implementing a strategic policy plan to suppress inflation, currency crisis, control domestic and global macroeconomics, corruption, for this reason the Minister of Finance took strategic steps to prepare a draft law regarding the change in the redenomination of the Rupiah from 1000 to 1
As explained in the source.
Rp1,000 Becomes Rp1? Indonesia Eyes Rupiah Redenomination Bill by 2027Redenomination would remove several zeros from rupiah denominations without altering purchasing power. For example, Rp 1,000 would become Rp1, but the value of goods and services remains unchanged.
From existing data, in 2027 Indonesia will no longer have 1000 currency but will have 1 and so on.
I think that the rupiah currency redenomination law will be completed in 2027.
• Are there any changes to crypto exchanges, crypto casinos or are there any changes in terms of exchange amounts.
• Does everything related to crypto assets have to change the 1000 to 1 option.
Because so far crypto exchanges exchange currency values in the amount of 1000 not 1 in 2027 I think everything will change, starting from exchanges, crypto casinos, fiat and so on.
I am sure that the government's steps to stabilize the country's economy, I think the redenomination step is the right and best step, I am sure that with the policy of the new Minister of Finance, Indonesia will progress to a better economic sector.