Currently, the Trade Ministry and the Commodity Futures Trading Regulatory Agency jointly oversee cryptocurrency in Southeast Asia's largest economy, where there has been a boom in such investments.
Sri Mulyani said as of June, there were 15.1 million cryptocurrency investors in the country, an exponential rise from just 4 million in 2020. That compared with 9.1 million investors in the stock market as of June. Parliament officially submitted the bill to the government in September. Thursday's meeting was to present the government's first response and any additions to the proposed bill.