CryptoMediaClub
Tuesday, July 29, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Indonesia Launches National Crypto Bourse to Secure Investor Interests

24.07.2023
A A
0
123
VIEWS
ShareShare

Indonesia has taken a significant step towards addressing the growing interest in cryptocurrencies and protecting investor interests by launching a national crypto asset bourse. The government’s move emphasizes the bourse’s role in providing regulators with transaction records and enhancing monitoring efforts in the booming crypto sector during a regulatory oversight transition.

The new bourse will list existing licensed crypto companies, ensuring a secure trading environment for participants. Notable players like Binance’s Tokocrypto and Indodax are among the traders listed. The responsibility for the bourse will be held by PT Bursa Komoditi Nusantara, with transaction verification handled by PT Kliring Berjangka Indonesia. For secure storage of digital assets, PT Tennet Depository Indonesia has been appointed as the crypto asset storage manager.

The legislation primarily focuses on enhancing investor protection within the cryptocurrency market. By closely monitoring the sector, the government aims to minimize potential risks, fraudulent practices, and irregularities prevalent in the digital asset landscape.

Despite Indonesia’s ban on using cryptocurrencies as a means of payment, the country witnessed an exponential surge in crypto investments during the pandemic. As of June 2022, approximately 17.54 million people in Indonesia had invested in digital assets, surpassing the number of investors registered with the traditional stock exchange. However, the crypto transaction volume decreased by 68.7% from January to June 2023 compared to the same period in 2022, amounting to 66.44 trillion rupiah (or $4.42 billion USD). Tether, Bitcoin, Ethereum, Ripple, and Binance Coin were the most traded cryptocurrencies by Indonesian investors during this period.

In response to the expanding market and regulatory changes, the new law mandates a two-year transfer of crypto regulation from Bappebti to the Financial Services Authorities.

While some may argue that the government’s increased monitoring of transactions may inhibit the platform’s adoption in the decentralized crypto market, the launch of Indonesia’s national crypto asset bourse demonstrates the government’s commitment to protect investors amidst the nation’s surging interest in cryptocurrencies. With strengthened regulatory oversight and transaction records, the bourse aims to mitigate risks and create a more secure environment for crypto trading, shaping the future of the country’s digital asset landscape.

The post Indonesia Launches National Crypto Bourse to Secure Investor Interests appeared first on BitcoinWorld.

Share9Tweet6ShareSharePin2

Related Posts

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei
Blockchain

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
0

Skip to content

Read moreDetails
Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

17.07.2025
LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

14.07.2025
Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

14.07.2025
Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
Load More
Next Post

Vitalik says Worldcoin’s Iris Scanning ‘Sufficient’ in Privacy Preservation

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

New Meme Coin Defies Market Crash, Raises $2.3 Million Amid Crypto Turmoil

New Meme Coin Defies Market Crash, Raises $2.3 Million Amid Crypto Turmoil

1 year ago
Dogecoin Price Forecast: DOGE Falls Below $0.10 – Could Dogecoin Hit Zero?

Dogecoin Price Forecast: DOGE Falls Below $0.10 – Could Dogecoin Hit Zero?

1 year ago
BONK’s SOL Buying Spree Counters Pump.Fun $741M Sell-off – Can LetsBONK Trigger 70% Pump?

BONK’s SOL Buying Spree Counters Pump.Fun $741M Sell-off – Can LetsBONK Trigger 70% Pump?

3 weeks ago
Bitcoin’s subsequent breakout motion may take 4 extra months

Bitcoin’s subsequent breakout motion may take 4 extra months

5 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

93% of Financial Institutions Plan to Implement AI Agents in Compliance

Major Breach Study Reveals Widespread Leaks of Bank Statements, SSNs, and Crypto Keys

Global stablecoin searches hit all-time high with Washington leading traffic

PayPal Expands Crypto Payment Acceptance in U.S.

US Seeks to Claim $2.4M Bitcoin Seized from Chaos Ransomware Group

Tron Inc. Registers $1B in Securities to Pivot Into TRX-Focused Crypto Treasury

Trending

SharpLink Secures 438K ETH, Spending $290M in Weeklong Buying Spree
All news

SharpLink Secures 438K ETH, Spending $290M in Weeklong Buying Spree

29.07.2025
0

SharpLink Gaming, Inc. (Nasdaq: SBET), known for its bold Ethereum accumulation strategy, has confirmed it now holds...

Interactive Brokers Considers Launching Its Own Stablecoin

Interactive Brokers Considers Launching Its Own Stablecoin

29.07.2025
The Future of Bitcoin BTC Income: EarnMining App Offers Stable Daily Rewards

The Future of Bitcoin BTC Income: EarnMining App Offers Stable Daily Rewards

29.07.2025
93% of Financial Institutions Plan to Implement AI Agents in Compliance

93% of Financial Institutions Plan to Implement AI Agents in Compliance

29.07.2025
Major Breach Study Reveals Widespread Leaks of Bank Statements, SSNs, and Crypto Keys

Major Breach Study Reveals Widespread Leaks of Bank Statements, SSNs, and Crypto Keys

29.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz