Tag: Cryptocurrency

Legal Compliances of Crypto Traders in Indonesia

Legal Compliances of Crypto Traders in Indonesia Legal Compliances of Crypto Traders in Indonesia

“Furthermore, the Traders must maintain its net capital adjusted which shows the calculation of working capital. The net capital adjusted itself is the difference between current assets and liabilities.” In Indonesia, the crypto business is one of the active industries right now. The Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi, or “Bappebti”) […]

Update on the Cryptocurrency Business in Indonesia

Update on the Cryptocurrency Business in Indonesia Update-on-the-Cryptocurrency-Business-in-Indonesia

“Cryptocurrency Business in Indonesia. Crypto development is currently regulated briefly under the Ministry of Information and Communication. On the other hand, crypto trading is regulated a bit more thoroughly as it has been acknowledged as commodities that can be traded under the supervision of Indonesia Commodity Futures Trading Regulatory Agency.” Nowadays, cryptocurrency has become quite […]