Stock Market News

Indonesia opens temporary access to PayPal after blocking sparks backlash

2022.07.31 07:22

Indonesia opens temporary access to PayPal after blocking sparks backlash
Indonesia opens temporary access to PayPal after blocking sparks backlash

Budrigannews.com – Indonesia temporarily opened access to online payment firm PayPal (NASDAQ:PYPL) to allow users to access their money, a senior official said on Sunday, after the country’s blocking of some online services and games sparked an outcry.

The Indonesian communication ministry on Saturday blocked PayPal, search engine website Yahoo, and several gaming services due to failures to meet a deadline under licensing rules.

Registration is required under rules released in late November 2020 and will give authorities broad powers to compel platforms to disclose data of certain users and take down content deemed unlawful or that “disturbs public order”.

Semuel Abrijani Pangerapan, a senior official at Indonesia’s Communications Ministry, told an online briefing on Sunday the government is opening access to PayPal for five working days.

“Hopefully that is enough time for users to migrate, get their money and find other services,” he said, adding that there had been no communication yet from PayPal.

On Saturday, thousands of comments criticising the government’s blockade of unregistered digital services flooded an Instagram post by the Communication Ministry.

Many messages said the government’s move was hurting Indonesia’s online gaming industry and freelance workers who use PayPal.

Authorities would unblock the websites if they comply with registration rules, Semuel said, defending the measure as protection for Indonesian internet users and the digital ecosystem.

Operators of other affected gaming services including Steam, Dota and Counter-Strike have been in communication with the government, he added.

PayPal and video gaming company Valve Corporation did not immediately respond to Reuters emails seeking comment.

 

 

Indonesia opens temporary access to PayPal after blocking sparks backlash

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 84,054.52 0.34%
ethereum
Ethereum (ETH) $ 1,918.47 0.10%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.37 1.31%
bnb
BNB (BNB) $ 604.46 1.72%
solana
Solana (SOL) $ 134.46 1.21%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.731944 0.71%
dogecoin
Dogecoin (DOGE) $ 0.173871 0.59%
tron
TRON (TRX) $ 0.218474 1.00%
staked-ether
Lido Staked Ether (STETH) $ 1,917.78 0.13%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,952.49 0.35%
pi-network
Pi Network (PI) $ 1.49 2.90%
chainlink
Chainlink (LINK) $ 14.09 1.77%
leo-token
LEO Token (LEO) $ 9.74 1.61%
the-open-network
Toncoin (TON) $ 3.43 17.34%
stellar
Stellar (XLM) $ 0.272016 0.55%
usds
USDS (USDS) $ 1.00 0.03%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,297.09 0.09%
hedera-hashgraph
Hedera (HBAR) $ 0.190991 0.73%
avalanche-2
Avalanche (AVAX) $ 19.23 3.77%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 1.78%
sui
Sui (SUI) $ 2.32 0.82%
litecoin
Litecoin (LTC) $ 92.01 1.07%
bitcoin-cash
Bitcoin Cash (BCH) $ 336.65 2.41%
polkadot
Polkadot (DOT) $ 4.29 0.24%
mantra-dao
MANTRA (OM) $ 6.61 2.65%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.01%
bitget-token
Bitget Token (BGB) $ 4.50 2.60%
weth
WETH (WETH) $ 1,919.57 0.19%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.13%
hyperliquid
Hyperliquid (HYPE) $ 13.66 5.55%
whitebit
WhiteBIT Coin (WBT) $ 28.83 1.52%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,039.12 0.10%
monero
Monero (XMR) $ 213.39 0.97%
uniswap
Uniswap (UNI) $ 6.24 2.40%
susds
sUSDS (SUSDS) $ 1.04 0.00%
dai
Dai (DAI) $ 0.999795 0.04%
aptos
Aptos (APT) $ 5.28 0.53%
near
NEAR Protocol (NEAR) $ 2.64 0.38%
pepe
Pepe (PEPE) $ 0.000007 0.84%
internet-computer
Internet Computer (ICP) $ 5.81 1.91%
okb
OKB (OKB) $ 46.46 1.64%
ondo-finance
Ondo (ONDO) $ 0.866297 0.36%
ethereum-classic
Ethereum Classic (ETC) $ 17.78 0.70%
mantle
Mantle (MNT) $ 0.792666 8.02%
gatechain-token
Gate (GT) $ 21.64 1.71%
aave
Aave (AAVE) $ 172.62 0.47%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,115.54 0.44%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.94 6.54%