In the face of impending regulatory changes, Indonesia will launch a national digital currency exchange

• Brandon Davis
• January 7, 2023
• Crypto, News
• 0 Comments

• Indonesia’s virtual currency ecosystem is gearing up for seismic shifts as regulators scramble to assert control over the industry in the coming months.

• The proposed plan to establish a national digital currency exchange for the country is the first of the incoming changes.

• Didid Noordiatmoko, the head of the Indonesian Commodity Futures Trading Regulatory Agency, stated that the platform would be ready by the end of the year.

• The formation of a national trading platform for digital assets is part of regulators’ plan to prevent major collapses like FTX and Zipmex from happening again.

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