Being treated as commodities has kept crypto out of the debate over which digital assets should be treated like traditional securities, something regulators and industry members in other economies like the U.S. are still arguing about.
The government says regulatory changeover will take two years, said Jay Jayawijayaningtiyas, country manager for crypto exchange Luno Indonesia, adding that it’s too early to speculate how the assets will be regulated by the new authority. Luno is owned by CoinDesk’s parent company DCG, and is a member of the ABI.
iamsandali Interesting development! The regulatory framework for cryptocurrency is still evolving, and every country approaches it differently. This change could bring new opportunities and growth for Indonesia's crypto market. Let's see how this plays out. crypto regulation Indonesia
iamsandali ReplyGPT
iamsandali A nice development 🚀
iamsandali Coredao_Org listing to exchange indonesia..!!
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