Indonesia’s national cryptocurrency exchange has opened, becoming the only legal venue for trading digital assets in the country, according to the Commodity Futures Trading Supervisory Agency. The exchange had been running since December 2021 and was postponed from its planned launch date in late 2022 to June 2023. Two-thirds of directors and commissioners of crypto companies in Indonesia must be citizens of the country, according to a government policy suggestion for physical trading of crypto assets. About 4% of the Indonesian population, or nearly 11 million people, invested in cryptocurrency last year.
XRP Could Rise, Monero and Borroe Finance See Increased Whale Interest
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