Jerry Sambuaga News
25.09 / 09:15
Digital
Platform
economy
TikTok
President
country
social
ecommerce
week
Indonesia may issue regulations on social media ecommerce this week
Indonesia may issue on Tuesday a regulation on the use of social media to sell goods in the country, President Joko Widodo said, a move intended to quell threats to offline markets in Southeast Asia's biggest economy. Ministers have repeatedly said that ecommerce sellers using predatory pricing on social media platforms are threatening offline markets in Indonesia, with some officials specifically citing the video platform TikTok as an example.
21.07 / 08:40
Adoption
regulation
exchanges
Indonesia launches its crypto exchange and clearing house
The national cryptocurrency exchange announced by the Indonesian government a week ago has begun to function, according to a statement from the country’s Commodity Futures Trading Supervisory Agency, known as Bappebti. The platform will be the only space in the country where the legal exchange of digital assets is allowed.
05.01 / 13:41
Exchange
Crypto Exchange
services
Financial
regulatory
Indonesia to Launch Crypto Exchange This Year as Regulatory Powers Shift to Financial Services Authority
Indonesia plans to launch a crypto exchange in 2023 amid a financial sector reform that will see a shift in regulatory powers over digital assets to the Financial Services Authority.
21.09 / 21:16
Law
regulation
Terra
Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators
Jerry Sambuaga, the deputy minister of Indonesia’s Ministry of Trade, has proposed a rule that would require the leadership at the country’s crypto exchanges to be more representative of its citizens.
21.09 / 12:57
Provident
Digital
Citizens
Indonesia to Update Govt Rules for Crypto, Implement More local Control
Indonesia could see new rules for crypto asset exchanges.
01.09 / 14:39
business
Binance
regulation
end
Indonesia plans to set up its crypto bourse by the end of 2022
The government of Indonesia returned to its plan to set up a digital assets exchange, publicly announced first time back in 2021. A so-called “crypto bourse” is planned to be established by the end of 2022.
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