Indonesia To Launch A Crypto Exchange In 2023
Key Points: Indonesia plans to launch a national cryptocurrency exchange in conjunction with broader reforms in the financial sector.
Bappebti, the Indonesian Commodity Futures Trading Regulatory Agency, is responsible for overseeing cryptocurrency assets. Didid Noordiatmoko is the acting head of Bappebti. The Financial Services Authority will assume responsibility for cryptocurrency regulation in the next two-years.
Noordiatmoko stated that the national cryptocurrency exchange must be established by the time the regulatory authorities change over to cryptocurrency.
According to Bloomberg, Indonesia is planning to establish a cryptocurrency exchange by this year. The Financial Services Authority will be regulating cryptocurrency assets. Didid Noordiatmoko is the acting head of Bappebti. The Financial Services Authority will be responsible for cryptocurrency regulation over the next two-years. According to the Bloomberg report, 16 million Indonesians were cryptocurrency investors in the first 11 months of 2018. This is an increase from the 11.2 million at 2021’s end. This website provides general market commentary but does not provide investment advice. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comHaroldCoincu NewsTags: BappebtiCrypto ExchangeDidid NoordiatmokoFTXIndonesiarupiah