Cryptocurrency Q&A
Are crypto exchanges regulated in Indonesia?
Are crypto exchanges regulated in Indonesia?
Valentino
Fri Jul 05 2024
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6 answers
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Are crypto exchanges indeed subject to regulatory oversight in Indonesia? Given the evolving regulatory landscape globally, it's crucial to understand the current status in Indonesia. The Indonesian financial services sector is known for its stringent regulatory framework, so it begs the question: Are crypto exchanges being monitored and regulated in line with these standards? And if so, what specific measures have been implemented to ensure the safety and integrity of the market? Clarifying this regulatory aspect could provide valuable insights into the crypto landscape in Indonesia.
6 answers
CryptoAce
Sun Jul 07 2024
As part of its regulatory framework, the Bappebti has approved a total of 383 crypto assets for trading on local exchanges.
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BitcoinBaron
Sun Jul 07 2024
This list of approved assets undergoes periodic reviews and updates to ensure compliance with the agency's regulations and market conditions.
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CryptoBaroness
Sun Jul 07 2024
Cryptocurrency exchanges operating in Indonesia are currently under the supervision of the Commodity Futures Trading Regulatory Agency (Bappebti).
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Lorenzo
Sun Jul 07 2024
Crypto exchanges in Indonesia must adhere to the guidelines set by the Bappebti, including but not limited to Know Your Customer (KYC) and Anti-Money Laundering (AML) measures.
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Eleonora
Sun Jul 07 2024
The Bappebti serves as the primary regulatory body for overseeing the trading of crypto assets in the country.
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