Indonesia Scrambles to Meet Deadline for Crypto Oversight Transfer to OJK

Indonesia is yet to finalize the transfer of crypto regulation, supervision and oversight from the Commodity Futures Trading Agency (Bappebti) to the Financial Services Authority (OJK). Since 2018, Bappebti has overseen crypto assets. However, the transition, set to be completed by Jan. 12, 2025, is delayed due to the lack of a supporting government regulation, the Jakarta Globe reported on Thursday. OJK is expected to create a more transparent regulatory environment aligned with international standards.…   

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