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Xepeng Presents Conversion-First Approach for Digital Asset Use in Indonesia

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Conversion models enable merchants to support global digital preferences while maintaining Rupiah-based operations and regulatory compliance.

Denpasar, Bali, Indonesia, 6th Feb 2026 — Cryptocurrencies are often discussed as the future of payments, but for many Indonesian merchants, direct crypto payments introduce more complexity than benefit. The challenge lies not in demand, but in how digital assets fit within existing legal and operational frameworks.

Merchants in Indonesia operate within systems designed around Rupiah, from pricing and invoicing to tax reporting and bank settlement. Accepting crypto directly requires businesses to manage asset custody, monitor volatility, and reconcile transactions across separate systems, adding significant operational complexity. Direct cryptocurrency use as payment encounters regulatory restrictions in Indonesia, where Rupiah serves as the legal tender. Practical challenges include volatility exposure and operational complexities for merchants.

Regulatory considerations further complicate direct crypto acceptance. As Rupiah is the sole legal tender for domestic transactions, crypto-as-payment models raise concerns over compliance and consumer protection

A conversion-first model addresses these concerns by separating the customer’s source of value from the merchant’s settlement currency. Digital assets can be converted into Rupiah before funds reach the merchant, allowing businesses to maintain familiar workflows while expanding payment accessibility for international customers.

Penke Pancapuri, CEO of Xepeng, stated, “Conversion models provide a practical bridge between global digital preferences and local regulatory realities. Platforms like Xepeng facilitate this process, allowing merchants to capture international opportunities while operating fully within Rupiah-based systems.”

For tourism-heavy markets such as Bali, the model is particularly relevant. International visitors who hold digital assets can complete a simple, guided flow; merchants receive a clean Rupiah settlement accompanied by reconciliation details for accounting and audits. The result: tourists use the instruments they prefer, while merchants keep familiar, Rupiah-native operations.

By keeping settlements in Rupiah, merchants avoid handling digital assets altogether. Accounting remains straightforward, tax obligations are clearer, and operational risk is reduced. For many businesses, this approach offers a practical path to supporting cross-border payments without disrupting existing processes.

With the rise of digital asset adoption, platforms such as Xepeng facilitate the use of preferred digital instruments for international visitors while ensuring merchants receive compliant Rupiah settlements. 

International travellers planning a trip to Bali who hold digital assets and want to know how they can use them locally can learn more at https://www.xepeng.com or contact hello@xepeng.com for more details.

About Xepeng

Xepeng develops a conversion platform tailored for Indonesian merchants, focusing on enabling Rupiah settlement for the merchants while maintaining compliance and operational simplicity. The system integrates sector-specific tools, backend processing, and compliance measures to support efficient and trustworthy operations.

Media Contact

Organization: Xepeng

Contact Person: Budi Satrya

Website: https://xepeng.com/

Email: Send Email

Contact Number: +6287862024247

Address:Jl. Cut Nyak Dien No.1, Renon

Address 2: Denpasar Selatan, Bali

City: Denpasar

State: Bali

Country:Indonesia

Release id:41086

The post Xepeng Presents Conversion-First Approach for Digital Asset Use in Indonesia appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Spotlyts Magazine Releases Issue 3 – June 2026 Edition

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Spotlyts Magazine Releases Issue 3 - June 2026 Edition

Australia, 16th Jun 2026, Grand Newswire
 

Spotlyts has released Spotlyts Magazine Issue 3 – June 2026 Edition of its publication series.

The edition is presented under the theme Bright Voices, Remarkable Stories and features a collection of interviews, profiles, and original creative work. Contributors in the issue include writers, authors, designers, entrepreneurs, academics, researchers, and professionals from a range of fields.

Among those featured are Leon Conrad, Cortney Raymond, Alan Horowitz, David W. Berner, Talia Mashiach, Sal Salcedo, Peter Massam, Ashley Taylor, Luminescene Goh, Carolyn Summer Quinn, Alia Luria, Jennifer Gasner, Robert A. Walker, Dr. Amara Pope, Dr. Martina Geromin, Terra Winston, Martha Burich, Teresa Saputo-Crerend, D.R. Berlin, Harker Jones, and Dr. Aleksandra Tryniecka.

The issue examines the experiences, perspectives, and work of individuals across disciplines, with a focus on the stories behind their professional and personal journeys.

This magazine edition is available through major retailers including but not limited to Amazon. More details can be found on the Spotlyts website.  

About Spotlyts Magazine

Spotlyts is a publication and media platform that features interviews, stories, profiles, and coverage across a range of subject areas, including culture, literature, business, the arts, lifestyle, health, science, technology, and community topics. The publication states that its mission is to highlight people, ideas, developments, and stories that contribute to public understanding of the world around them. Spotlyts publishes interviews, articles, magazine editions, and related editorial content through its digital platforms.

 

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Organization: Spotlyts Magazine

Contact
Person:
Spotlyts Team

Website:

https://spotlyts.com/

Email:

spotlyts@oneequinox.com

Country:Australia

The post Spotlyts Magazine Releases Issue 3 – June 2026 Edition
appeared first on Grand Newswire.
It is provided by a third-party content provider. Grand Newswire makes no
warranties or representations in connection with it.

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Press Release

Spotlyts Magazine Releases Issue 3 – June 2026 Edition

Published

on

Spotlyts Magazine Releases Issue 3 - June 2026 Edition

Australia, 16th Jun 2026, Grand Newswire
 

Spotlyts has released Spotlyts Magazine Issue 3 – June 2026 Edition of its publication series.

The edition is presented under the theme Bright Voices, Remarkable Stories and features a collection of interviews, profiles, and original creative work. Contributors in the issue include writers, authors, designers, entrepreneurs, academics, researchers, and professionals from a range of fields.

Among those featured are Leon Conrad, Cortney Raymond, Alan Horowitz, David W. Berner, Talia Mashiach, Sal Salcedo, Peter Massam, Ashley Taylor, Luminescene Goh, Carolyn Summer Quinn, Alia Luria, Jennifer Gasner, Robert A. Walker, Dr. Amara Pope, Dr. Martina Geromin, Terra Winston, Martha Burich, Teresa Saputo-Crerend, D.R. Berlin, Harker Jones, and Dr. Aleksandra Tryniecka.

The issue examines the experiences, perspectives, and work of individuals across disciplines, with a focus on the stories behind their professional and personal journeys.

This magazine edition is available through major retailers including but not limited to Amazon. More details can be found on the Spotlyts website.  

About Spotlyts Magazine

Spotlyts is a publication and media platform that features interviews, stories, profiles, and coverage across a range of subject areas, including culture, literature, business, the arts, lifestyle, health, science, technology, and community topics. The publication states that its mission is to highlight people, ideas, developments, and stories that contribute to public understanding of the world around them. Spotlyts publishes interviews, articles, magazine editions, and related editorial content through its digital platforms.

 

Media Contact

Organization: Spotlyts Magazine

Contact
Person:
Spotlyts Team

Website:

https://spotlyts.com/

Email:

spotlyts@oneequinox.com

Country:Australia

The post Spotlyts Magazine Releases Issue 3 – June 2026 Edition
appeared first on Grand Newswire.
It is provided by a third-party content provider. Grand Newswire makes no
warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Solis Capital Announces Carbon Stream Financing Vehicle Focused On High-Integrity Carbon Credits In Central Asia

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United States, 16th Jun 2026Solis Capital today announced the formation of a dedicated carbon stream financing vehicle focused on high-integrity voluntary carbon market projects, with an initial geographic emphasis on Central Asia.

Solis Capital is designed to provide upfront and milestone-based financing to carbon project sponsors in exchange for contracted future delivery of verified carbon credits or a share of future carbon credit sale proceeds. This structure helps project developers fund early project costs, including feasibility work, landholder coordination, baseline studies, MRV design, validation, verification, registry costs, and long-term monitoring.

The vehicle will prioritize projects capable of producing credible voluntary carbon credits supported by strong additionality, conservative baselines, leakage controls, permanence protections, transparent benefit-sharing, and third-party validation and verification. Target project categories include afforestation, reforestation, improved agricultural land management, soil organic carbon, methane avoidance, ecosystem restoration, and other nature-based or land-use carbon programs.

Central Asia is a core focus due to its large land base, agricultural transition needs, restoration potential, and growing relevance within global climate finance. Solis Capital will assess opportunities across Kazakhstan and the wider region where sponsors can demonstrate clear land rights, local execution capacity, credible MRV pathways, and access to recognized carbon standards and registries.

“Carbon stream financing gives serious project sponsors a practical way to fund development costs before carbon credits are issued,” said Katy Goncharova, PR Contact for Solis Capital. “Our focus is on projects that can meet institutional buyer expectations around integrity, traceability, verification, and long-term credit quality.”

Solis Capital expects to work with project developers, land aggregators, technical consultants, MRV specialists, validation and verification bodies, and carbon credit buyers seeking exposure to high-integrity voluntary carbon market supply.

About Solis Capital
Solis Capital is a carbon stream financing vehicle focused on funding high-integrity voluntary carbon market projects. The vehicle supports carbon project developers through milestone-based capital structures linked to future verified carbon credit generation, carbon credit sales, or contracted offtake arrangements.

Media Contact
Katy Goncharova
Solis Capital
contact@solis-capital.com

Disclaimer
This press release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any security, investment product, carbon credit, or financial instrument. Carbon project finance involves development, regulatory, registry, verification, market pricing, delivery, and counterparty risks.

Media Contact

Organization: Solis Capital

Contact Person: Katy Goncharova

Website: http://solis-capital.com/

Email: Send Email

Country:United States

Release id:46145

The post Solis Capital Announces Carbon Stream Financing Vehicle Focused On High-Integrity Carbon Credits In Central Asia appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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