Indonesia is hastily transferring crypto oversight from Bappebti to the Financial Services Authority before a looming deadline.
Over 60% of young Indonesians are investing in cryptocurrencies, prompting regulators to enhance trading safety and oversight as digital assets gain prominence in Indonesia's investment scene.
Indonesia's Bappebti has extended the deadline for cryptocurrency exchanges to obtain a PFAK license until November 2024. This extension follows revisions to BAPPEBTI Regulation No. 9, initially introduced in 2021.
Indonesia's regulatory body has extended the deadline for licensing crypto exchanges to November.
Binance-backed Tokocrypto secures an Indonesian license, permitting it to operate as a licensed crypto asset trader, highlighting its regulatory compliance efforts.
Tokocrypto (TKO) secures full licensing from Bappebti, leading to a 19% price increase as Binance expands in Indonesia.
Binance's subsidiary Tokocrypto has obtained a full license as a Physical Crypto Asset Trader from Indonesia's Commodity Futures Trading Regulatory Agency, Bappebti.
Tokocrypto, a Binance Indonesian branch, secured a license from Bappebti to trade cryptocurrencies with physical reserves.
Binance's subsidiary, Tokocrypto, received a Physical Crypto Asset Trader license from Indonesia's commodity regulator, Bappebti.
Coinfest Asia 2024 set attendance records in Bali, attracting over 6,000 participants. The event aims even higher for 2025.
Indonesia's Bappebti has created a Crypto Asset Committee to oversee crypto trading, ensuring compliance and offering guidance.
Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti) has formed a Crypto Asset Committee to regulate and monitor the cryptocurrency market, indicating a significant step towards formalizing the sector in the country.
Indonesia's Bappebti formed a Crypto Asset Committee to regulate and monitor the cryptocurrency market after recognizing crypto as commodities.
Indonesia's Bappebti has formed a committee to monitor the cryptocurrency industry, ensuring operations comply with the nation's recognition of crypto as a commodity.
