The Indonesian national cryptocurrency exchange has officially begun operations

2023-07-21 16:17:15

Collection

ChainCatcher news, according to a statement from the Indonesian Commodity Futures Trading Regulatory Agency (CFTRA), the national cryptocurrency exchange opened on July 20. The platform is regulated by CFTRA and will be the only platform in the country allowed to legally trade digital assets. In addition, the CFTRA decree also stipulates the establishment of a futures clearinghouse alongside the exchange. The clearinghouse essentially acts as a mediator between buyers and sellers, ensuring smooth transactions.

Previous news, the Indonesian Commodity Futures Trading Regulatory Agency (Bappebti) announced plans to launch a cryptocurrency exchange this month. Bappebti head Didid Noordiatmoko stated that once the exchange is launched, all cryptocurrency transactions will only be conducted through the exchange. Meanwhile, KYC and various processes are regulated. (Source link)

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.