Crypto firms must face sandbox evaluation before operating: Indonesian gov’t

Crypto firms must face sandbox evaluation before operating: Indonesian gov’t

Tech in Asia·2024-03-28 20:01

Photo credit: FarisFitrianto / Shutterstock

Amid cryptocurrency’s rise in popularity in Indonesia, a major regulatory change is imminent. The Financial Services Authority (OJK) has announced that all crypto firms seeking to operate in Indonesia will have to pass a mandatory evaluation in a regulatory sandbox.

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