| Issue Number : 4956

OJK Takes the Reins: New Rules on Crypto Trading Set for Introduction

As mandated under Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector (“Law 4/2023”), responsibility for the regulation and supervision of digital financial assets, which is currently held by the Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi – “Bappebti”), must be transferred to the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) within 24 months of the new Law’s enactment.[1]

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As mandated under Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector (“Law 4/2023”), responsibility for the regulation and supervision of digital financial assets, which is currently held by the Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi – “Bappebti”), must be transferred to the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) within 24 months of the new Law’s enactment.[1]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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