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View all search resultsDepending on how it is designed, the central bank can wield its planned "digital rupiah" CBDC as a powerful tool for combating corruption, but this requires a delicate balance between transparency, security and individual privacy.
The proposal comes amid rising cases of data breaches and digital attacks: Indonesia saw nearly 100 incidents of data breaches, mostly afflicting government bodies, were recorded between 2019 and mid-2023, according to the Communications and Information Ministry.
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