The Indonesian Supervisory Board for the futures market under the Ministry of Commerce (Bappebti) recognized cryptocurrency exchange goods.
“The head of Bappebti has signed a decree to recognize cryptocurrency commodity that can be traded on the stock exchange”, — affirmed the decision of the head of the Bureau for market surveillance and development Bappebti Dharma Yoga (Dharma Yoga).
He stressed that the decision was adopted by the Council on the results of a four-month study, during which studied the issue.
The official Implementation also said that government agencies will soon issue a regulation providing that regulate the exchange of cryptocurrency, tax, prevention of money laundering and financing of terrorism. In the preparation of the document will involve the country’s Central Bank, tax authorities, financial regulator and anti-terrorist unit of the National police, said the Dharma Yoga.
He also called on the local cryptocurrency companies to submit their regulatory proposals, including the specifications of the product and the shopping procedure:
“We urge the exchange to prepare specific proposals on this issue”.
We will remind, in January the Bank of Indonesia stated that it does not recognize the cryptocurrency legal tender, and forbade their use in the country.