Indonesia Crypto Regulation. Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using marketing and/or facilitating crypto trading The financial regulator also cautioned the public to always beware of fraudulent Ponzi schemes under the guise of crypto.
These two regulations justify that crypto assets are legal in Indonesia and specified as a commoditythat can be traded on futures exchanges In addition it is preferable to.
New regulation in Indonesia will allow crypto assets to be
New Regulation on Cryptocurrency Business in Indonesia “Indonesian Commodity Futures Trading Regulatory Agency (Bappebti) issued Bappebti Regulation No 9 of 2019 (“PerBappebti 9/2019”) in July 2019 to amend Bappebti Regulation No 5 of 2019 (“PerBappebti 5/2019 The regulation changed most of the capital requirement the requirement controlling.
OJK Indonesia Bars FIs From Facilitating Crypto Trading
Bank Indonesia has warned that cryptocurrencies may not be used for payments in the country The central bank published a press release.
Indonesian Financial Authority (OJK) Affirms Prohibition
OJK warns of market fluctuations and other risks including the existence of crypto investment Ponzi schemesIndonesia‘s OJK (Financial Services Authority) has barred financial service institution.
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Regulation of Digital Currencies Cryptocurrency Bitcoins Blockchain Technology Indonesia bans cryptocurrencies as a payment instrument but allows them to be traded as a commodity [1] Indonesia’s Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi – “BAPPEBTI”) has approved 229 crypto assets that can be traded in the.