Indonesia Ponders Recognizing Bitcoin as National Reserves' Counterpart

In a significant development, Bitcoin Indonesia, a local crypto organisation, has presented to the Indonesian government the potential benefits of adopting Bitcoin as a reserve asset for economic growth. The proposal comes as the government is currently evaluating the potential of Bitcoin in this capacity.

During a recent meeting with senior officials, including representatives from the vice president's office, Bitcoin Indonesia highlighted the role Bitcoin could play in long-term economic resilience. The organisation also proposed leveraging Bitcoin mining as part of a national reserve strategy, citing the country's vast hydroelectric and geothermal resources as ideal for sustainable Bitcoin mining operations.

The Indonesian government is not only considering Bitcoin mining as part of its national reserve strategy but also exploring the possibility of incorporating Bitcoin into its national reserves. This could potentially see Bitcoin mining operations integrated into the country's national reserve strategy, providing new employment opportunities and stimulating economic growth.

This move follows the US government's establishment of the US Strategic Bitcoin Reserve (SBR) in March 2025. The SBR centralises Bitcoin acquired through civil and criminal seizures as part of a strategy to diversify national reserves and strengthen financial sovereignty. The Indonesian government is now discussing the potential benefits of such a strategy with industry leaders.

If adopted, Bitcoin mining could position Indonesia as a leader in Bitcoin adoption, potentially boosting its position in the global digital economy. The government's consideration of this proposal underscores its commitment to exploring innovative solutions for economic growth and financial stability.

As the evaluation process continues, it remains to be seen whether Indonesia will join the growing list of countries considering Bitcoin as a reserve asset. The decision could have far-reaching implications for the Indonesian economy and the global Bitcoin landscape.