🚀 Important news from the world of cryptocurrency and blockchain! 🚀

📅 Indonesia’s Commodity Futures Trading Regulatory Authority (Bappebti) has extended the deadline for crypto exchanges to comply with the requirements for obtaining a license to trade physical crypto assets until the last week of November 2024.

📜 The new Regulation No. 9 of 2024 requires crypto exchanges to enter into partnership agreements with local governments and implement Know Your Transaction standards.

💬 Oscar Darmawan, CEO of INDODAX, expressed his gratitude to Bappebti for giving them time to adapt to the new regulations. He is confident that this will strengthen the crypto industry as a whole.

📈 The new regulations also allow institutional entities to trade digital assets, which was previously only available to individuals.

💡 Bappebti aims to create a modern, adaptive and transparent ecosystem for cryptocurrencies.

What do you think about these changes? Share your opinions in the comments! 💬