Indonesia to Launch Crypto Exchange This Year as Regulatory Powers Shift to Financial Services Authority

Indonesia plans to launch a crypto exchange in 2023 amid a financial sector reform that will see a shift in regulatory powers over digital assets to the Financial Services Authority. Didid Noordiatmoko, head of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), said the government will set up an exchange before the Financial Services Authority will take over the supervision of crypto from a commodities agency, Bloomberg reported on Wednesday. ...