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What are the legal regulations for cryptocurrency trading in Indonesia?

Floris van UnenMay 29, 2022 · 3 years ago1 answers

Can you provide an overview of the legal regulations for cryptocurrency trading in Indonesia?

1 answers

  • May 29, 2022 · 3 years ago
    As an expert in the field, I can tell you that cryptocurrency trading in Indonesia is regulated by the government to ensure a safe and transparent market. The legal regulations are in place to protect investors and prevent fraudulent activities. BAPPEBTI plays a crucial role in overseeing cryptocurrency exchanges and ensuring they comply with the necessary regulations. Traders should always do their due diligence and choose exchanges that are licensed and regulated by BAPPEBTI to ensure the legality and security of their transactions.