Binance-Backed Toko-crypto Achieves Major Milestone With Indonesian License

#binance #BinanceSquareFamily #Indonesia #Tokocrypto #TOKO

Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader.

This move highlights Tokocrypto’s commitment to regulatory compliance and strengthens its position in Indonesia’s growing crypto market.

Backed by Binance, the platform has seen significant growth, reaching 4.5 million users in 2024 with a notable increase in trading volume.