Indonesia’s Commodity Futures Trading Supervisory Agency (Bappebti) is advancing its plans to establish a national cryptocurrency exchange in July 2023. Bappebti’s head, Didid Noordiatmoko stated that all crypto transactions would be conducted exclusively through an integrated application, which has already undergone testing. Didid also indicated the agency’s plan to limit the sale of crypto to local transactions, but with an eye on global market development. If there are no further instructions from the Trade Minister, it is expected that the permits will be issued to authorised traders to join the exchange within a month.
Source: https://cointelegraph.com
