Indonesian Regulator Warns About Cryptoasset Offers, Sales by Financial Services Companies
As major crypto industry players are intensifying efforts to access the Indonesian market, the country’s regulator Financial Services Authority (OJK) has reminded market participants that financial services companies are...
As major crypto industry players are intensifying efforts to access the Indonesian market, the country’s regulator Financial Services Authority (OJK) has reminded market participants that financial services companies are not allowed to offer and facilitate sales of cryptoassets.
The agency said in a tweet that cryptoassets are a type of commodity that fluctuates in value, meaning that it could "go up and down at any time," stating that people must understand the risks. ...
Read More: Indonesian Regulator Warns About Cryptoasset Offers, Sales by Financial Services Companies
Original source
Read on CryptonewsRelated market context
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...
Tim Scott predicts $30T crypto market cap with regulatory clarity
Regulatory clarity could unlock significant institutional investment, potentially transforming the crypto market into a major fina...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
Michael Saylor: 25% of Mag8 companies hold Bitcoin on balance sheets
The inclusion of Bitcoin by major tech firms signals a growing trend of digital assets being considered as strategic financial ins...
G2 Esports faces Legacy in elimination match at IEM Cologne Major as crypto sponsorships vanish from esports
The decline of crypto sponsorships in esports highlights shifting industry dynamics, impacting brand visibility and investor strat...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...