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(October 7, 2022) As of August 15, 2022, there is a moratorium in Indonesia on the issuance of new crypto exchange licenses. The moratorium was put in place by the Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or “Bappebti”), which is under the Ministry of Trade and is the regulator for cryptocurrency and crypto assets, through Circular Letter No. 208/BAPPEBTI/SE/08/2022 on the Suspension of the Issuance of Registration Licenses for Crypto Asset Physical Trader Candidates (“Circular Letter”). ....
Indonesian Regulatory Body Issues Moratorium On New Crypto Exchange Licenses. Legal News and Analysis - Indonesia - Banking & Finance, Regulatory & Compliance - ....
To print this article, all you need is to be registered or login on Mondaq.com. Indonesia s Commodity Futures Trading Supervisory Body ( Badan Pengawas Perdagangan Berjangka Komoditi or Bappebti ) has issued the long-awaited list of cryptoassets that can be traded in Indonesia. This list of approved cryptoassets is contained in Bappebti Regulation No. 7 of 2020 regarding the Stipulation of the List of Cryptoassets that Are Allowed to Be Traded in the Cryptoasset Physical Market ( Bappebti Reg. 7/2020 ). Bappebti Reg. 7/2020 was issued and took effect on December 17, 2020, but was only made public in mid-January 2021. Its main feature is the list of 229 cryptoassets that can legally be traded ....