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The government says regulatory changeover will take two years, said Jay Jayawijayaningtiyas, country manager for crypto exchange Luno Indonesia, adding that it’s too early to speculate how the assets will be regulated by the new authority. Luno is owned by CoinDesk’s parent company DCG, and is a member of the
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In Indonesia today, a total of 383 digital currencies and 10 local tokens can be traded by investors on approved exchanges in the country.The Indonesian government may be moving in a positive direction with respect to its plans to support the growth of the crypto ecosystem on its shores and
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As a part of its reform of crypto regulation, Indonesia will create a crypto exchange in 2023, according to reports. The platform is planned to be launched prior to a shift of regulatory power from commodities to securities authority. On Jan. 4, the head of the Commodity Futures Trading Regulatory Agency
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The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to investigations by regulatory bodies around the world. Indonesian Authority Orders Crypto
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The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market. Indonesia Mulls Over New Financial
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Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Under revised regulatory framework, two-thirds of crypto exchange directors must be Indonesian citizens residing in the country. Indonesia Plans to Tighten Crypto Regulation Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges, officials
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El país considera a los tokens como una forma de impulsar su economía. Original Source
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“As long as it meets the criteria, then they could be included in the white list. So it's a very open and very transparent method of creating a white list,” said Jay Jayawijayaningtiyas, the country manager of crypto exchange Luno, which is a member of the ABI. Luno's parent company,
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The rule would require at least two-thirds of directors and commissioners at domestic crypto exchanges to be Indonesians residing in the country. Original Source
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The government of Indonesia returned to its plan to set up a digital assets exchange, publicly announced first time back in 2021. A so-called “crypto bourse” is planned to be established by the end of 2022. According to DealStreetAsia, Indonesia’s deputy trade minister Jerry Sambuaga confirmed during the NXC International Summit
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