Indonesia Labels 501 Cryptocurrencies as Commodities, Paving the Way for Regional Adoption

In contrast to the regulatory stance taken by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Supervisory Agency (CFTSA) of the Republic of Indonesia has officially labeled 501 cryptocurrencies as commodities. The list of these digital assets includes popular tokens such as bitcoin, ethereum, usd coin, litecoin, and several others that the [...]

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Indonesia’s National Crypto Exchange Goes Live, Promises Fair Trading Ecosystem

Recently, the Indonesian government’s Commodity Futures Trading Supervisory Agency (Bappebti) announced the official launch of the country’s first-ever national cryptocurrency exchange. The platform, which opened its virtual doors on July 20, is set to become Indonesia’s sole legal space for crypto asset trading. The Head of Bappebti, Didid Noordiatmoko, revealed that the establishment of the […]

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Indonesia to Launch State-Backed Crypto Exchange by Mid-2023

Indonesia plans to launch a state-backed crypto exchange by mid-2023 to promote a more secure and transparent market, with greater regulatory oversight and investor protection. (Read More)

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