According to Coinspeaker, the Minister of Trade of Indonesia, Zulkifli Hasan, officially launched the cryptocurrency exchange of Indonesia on Friday, July 28th, with 23 companies completing their registration. The establishment of this exchange is based on the decision of the Commodity Futures Trading Supervisory Agency (Bappebti) Chief, with reference number 01/BAPPEBTI/SP-BBAK/07/2023, dated July 17, 2023, officially approving PT Bursa Komoditi Nusantara as a cryptocurrency futures exchange.
Zulkifli emphasized that the establishment of this exchange provides the public with a secure cryptocurrency trading environment, ensuring that all activities are conducted within the legal framework. He pointed out that unregulated industries may lead to the emergence of illegal businesses, causing harm to society.
At the same time, he also reminded everyone of the high risks associated with cryptocurrency investments, urging investors to have a thorough understanding of the industry.
To further regulate the market, the Ministry of Trade through Bappebti has issued several other decisions. These include decision number 01/BAPPEBTI/SP-LKBAK/07/2023, approving PT Kliring Berjangka Indonesia as the clearinghouse for physical market transactions of cryptocurrency futures. Another important decision, with reference number 01/BAPPEBTI/SP-PTPAK/07/2023, grants PT Tennet Depository Indonesia the role of managing cryptocurrency asset storage facilities.
Currently, the 23 cryptocurrency companies officially registered with cryptocurrency exchange in Indonesia are as follows:
1、PT Kagum Teknologi Indonesia（Ajaib Kripto）
2、PT Tiga Inti Utama（Triv）
3、PT Tumbuh Bersama Nano（Nanovest）
4、PT Coinbit Digital Indonesia（Stockbit Crypto）
5、PT Cipta Koin Digital（Naga）
6、PT Sentra Bitwewe Indonesia（Bitwewe）
7、PT Indonesia Digital Exchange（DEX）
8、PT Rekeningku Dotcom Indonesia（REKU）
9、PT Pintu Kemana Saja（Pintu）
10、PT Cyrameta Exchange Indonesia（Cyra）
11、PT Galad Koin Indonesia（Galad）
12、PT Gudang Kripto Indonesia（Gudang Kripto）
13、PT Mitra Kripto Suskses（MKS）
14、PT Aset Kripto Internasional（NVX）
15、PT Kripto Maksima Koin（KMK）
16、PT Indodax Nasional Indonesia（INDODAX）
17、PT Bumi Sentosa Cemerlang（Pluang）
18、PT Ventura Koin Nusantara（Vonix）
19、PT ZUHYX Exchange Indonesia（ZUHYX）
20、PT Luno Indonesia LTD（Luno）
21、PT CTXG Indonesia Berkarya（Mobee）
22、PT Upbit Exchange Indonesia（Upbit）
23、PT Aset Digital Berkat（Tokocrypto）
The registration of these companies signifies the cryptocurrency trading market of Indonesia officially entering a regulated and orderly new phase, providing investors with higher security and confidence.
Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
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