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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...

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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 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

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