Indonesia Regulator Forms Crypto Committee to Monitor Industry | Bitcoin & Crypto Trading
Indonesia Regulator Forms Crypto Committee to Monitor Industry's Operation, Compliance
The Commodity Futures Trading Regulatory Agency, the Indonesian government agency known as Bappebti whose responsibilities include overseeing cryptocurrencies, formed a dedicated committee to monitor the industry. The Crypto Asset Committee was established under regulations enacted in January. Crypto falls under Bappebti's jurisdiction because crypto is considered a commodity in Indonesia.