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Over 60% of crypto investors in Indonesia are under 30
29.10.2024
The total volume of crypto transactions in Indonesia reached 33.67 trillion Indonesian rupiahs, worth $2.1 billion, in September.
Indonesia’s licensing regime sparks ‘monopolistic’ market concerns
10.9.2024
IADERN principal Tuhu Nugraha believes that the prolonged and complex registration process hampers growth and innovation in Indonesia's crypto ecosystem.
Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License
10.9.2024
Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights...
Binance subsidiary Tokocrypto secures full license in Indonesia
9.9.2024
Binance described Tokocrypto as its "subsidiary," suggesting that it may have a controlling stake in the Indonesian trading platform.
Indonesia Labels 501 Cryptocurrencies as Commodities, Paving the Way for Regional Adoption
26.6.2023
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...
Indonesia targets launch of its national crypto exchange by June
3.2.2023
Indonesia's financial services regulator first expressed its intentions to establish a crypto exchange back in 2021
Regulator Halts Trading of FTX Tokens in Indonesia
17.11.2022
The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to investigations by regulatory bodies around the world....
Indonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges
23.9.2022
Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Under revised regulatory framework, two-thirds of crypto exchange directors must be Indonesian citizens residing in the country. Indonesia Plans to Tighten Crypto Regulation Indonesia is preparing to issue...