News Explorer — Indonesia Plans to Launch National Cryptocurrency Exchange, Requiring All Transactions to Take Place on the Platform

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Indonesia Plans to Launch National Cryptocurrency Exchange, Requiring All Transactions to Take Place on the Platform

The government of Indonesia is set to launch a national cryptocurrency exchange in the coming weeks, according to the country’s Commodity Futures Trading Supervisory Agency (Bappebti). All cryptocurrency transactions will be required to take place on the national exchange, with trading offered through an integrated application. The exchange will initially restrict cryptocurrency sales to local transactions but will align with international market developments approved by Bappebti.

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