Indonesian regulator may classify cryptocurrencies as securities, not commodities
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Jan 26
A new Indonesian law transfers cryptocurrency regulation from commodities watchdog CoFTRA to the Financial Services Authority (OJK), signaling a shift in the way the country regulates the crypto industry and acknowledging that cryptocurrencies are more than just assets, CoinDesk reported. trade. Asih Karnengsih, chairman of the Indonesian Blockchain Trade Association, said the shift means that crypto assets may be treated similarly to securities and apply a series of securities-related requir...

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