Indonesia to launch national crypto exchange in 2023: Report

Cointelegraph

Published Jan 04, 2023 04:00AM ET

Updated Jan 04, 2023 05:40AM ET

As a part of its reform of crypto regulation, Indonesia will create a crypto exchange in 2023, according to reports. The platform is planned to be launched prior to a shift of regulatory power from commodities to securities authority.

On Jan. 4, the head of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), Didid Noordiatmoko, stated that a crypto exchange should be set up this year. The move comes as a part of broader financial reform launched in December 2022.

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