Indonesia Extends Deadline for Crypto Exchanges to Meet Licensing Requirements
Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti) has extended the deadline for crypto exchanges to become Physical Crypto Asset Traders until the last week of November. Over 30 crypto exchanges have applied for a full license under the updated regulations released on Oct 18. To remain compliant, exchanges must now form partnerships with local government bodies and introduce Know Your Transactions standards. The recent price rise of Bitcoin is driving interest in the cryptocurrency market, with some predicting a potential value of $100,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x DGAI: Trade to share 60,000 USDT
CandyBomb x DEBIT: Trade to share 45,000 USDT
Bitget Will Support the BounceBit (BB) Contract Swap
Hold USDGO for dual perks, earn up to 30%+ APR!
Crypto prices
More
