The value of crypto transactions in Indonesia fell by half in 2022 — from $55 million to $19 million.
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 of Indonesia , Didid Noordiatmoko,that a crypto exchange should be set up this year. The move comes as a part of broader financial reform launched in December 2022. In accordance with the reform, in the next two years, the crypto oversight will be taken from Bappebti, a commodities-focused agency, by the Financial Services Authority .by the House of Representatives of Indonesia on Dec. 15 to become the primary legal reference in the financial service sector.
Indonesia Berita Terbaru, Indonesia Berita utama
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