Indonesia’s Finance Regulator (OJK) Issues New Crypto Regulation 

Indonesia’s Finance Regulator (OJK) Issues New Crypto Regulation 

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Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Mar 13, 2024 19:56

Indonesia’s financial services regulator, the Financial Services Authority (OJK), has issued new regulations to implement technological innovation in the financial sector, which will be applicable to crypto as well, starting January 2025. No details are revealed, but this sets the stage for managing crypto advancements in finance. This crypto regulation highlights OJK’s proactive steps, which is also working with the current crypto regulator, Bappebti and Bank Indonesia, creating a transition team to manage the shift in digital financial asset supervision.

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