Jakarta-based law firms Trifida at Law and Legalexica have merged their practices to form a new firm called Trilexica, which has 22 fee-earners, including eight partners.
JAKARTA, Indonesia, Dec. 6, 2022 /PRNewswire/ The Draft Law on the Development and Strengthening of the Financial Sector (RUU PPSK)which is being formulated by Commission XI of the DPR RI aims to create sustainable inclusive and positive economic growth. The PPSK Bill is designed in the Omnibus Law concept which integrates around 16 laws in the financial sector. Crypto assets are proposed to be one of the sectors included in the PPSK Bill as part of the financial sector technological innovation (ITSK). With its development, crypto assets are considered worthy of being one of the future investment instruments. This was also conveyed by Binance CEO Changpeng Zhao at the B20 Summit in Bali, Zhao said "for now 99% of a person's wealth is still in the form of fiat currency or still using the traditional financial system. However, in the longer term predictions, DeFi and crypto could potentially replace fiat or traditional currencies." Zhao also sees that "more and more
JAKARTA, Indonesia, Sept. 2, 2022 /PRNewswire/ The Indonesian Blockchain Association (A-B-I) successfully held a Private Session: Regulatory Roundtable, which time and place coincided with the Coinfest Asia 2022 event in Bali. The private session which was held privately and exclusively for members of the Indonesian Blockchain Association was sponsored by Bitocto, Reku, Twoba Box, Advance AI, LUNO, and Indodax and was attended by the Deputy Minister of Trade (Wamendag), Act. Head of CoFTRA, Director of Digital Economy at the Directorate General of Informatic Application Ministry of Communication and Informatics (Aptika Kominfo), Deputy for Digital Economy and Creative Product at the Ministry of Tourism and Creative Economy (Kemenparekraf), and Head of the Commodity Futures Trading Development and Expansion Bureau. According to Asih Karnengsih, Chairwoman of A-B-I, this Regulatory Roundtable activity "has the aim of discussing current and future regulations or policies", in a