cryptocurrency

Indonesia: New Legislation Recognizes Crypto as Trading Commodity



Indonesia has introduced new legislation that recognizes (BTC) as a trading commodity, Asia-oriented news outlet KrASIA reported on Feb. 15.

Indonesia’s Commodity Futures Trading Regulatory Agency, also known as Bappebti, initially signed a decree to make cryptocurrency a commodity future legally tradable on stock exchanges last June. The agency then stated that the Indonesian government would soon release corresponding legislation regulating currency exchange companies, taxation, and other related issues.

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