Cryptocurrencies will be considered as "merchandise" in Indonesia

[Brazio]

Things seem to have begun to change for the cryptocurrency category in the Asian country. This time, from the hand of the authorities, who seem to smile, little by little and increasingly to the field.

It turns out that the Supervisory Board of Futures Exchange of the Ministry of Commerce of Indonesia (known briefly as "Bappebti") has signed a decree which it is intended to convert the cryptocurrency into a legally marketable product in a stock exchange, in accordance to information provided today by the local newspaper The Jakarta Post.

According to Dharma Yoga, who is the director of the Bappebti market supervision and development office, the Futures Exchange Supervision Board decided to allow the exchange of cryptocurrencies as a basic product, as a result of a study about the sector It lasted for four months.

Similarly, Dharma also pointed out that the Indonesian government will soon publish the corresponding legislation on the regulation of foreign exchange companies, taxation and the fight against money laundering and terrorist financing.

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[therozaq]

Things seem to have begun to change for the cryptocurrency category in the Asian country. This time, from the hand of the authorities, who seem to smile, little by little and increasingly to the field.

It turns out that the Supervisory Board of Futures Exchange of the Ministry of Commerce of Indonesia (known briefly as "Bappebti") has signed a decree which it is intended to convert the cryptocurrency into a legally marketable product in a stock exchange, in accordance to information provided today by the local newspaper The Jakarta Post.

According to Dharma Yoga, who is the director of the Bappebti market supervision and development office, the Futures Exchange Supervision Board decided to allow the exchange of cryptocurrencies as a basic product, as a result of a study about the sector It lasted for four months.

Similarly, Dharma also pointed out that the Indonesian government will soon publish the corresponding legislation on the regulation of foreign exchange companies, taxation and the fight against money laundering and terrorist financing.

Did you like this article? Don’t forget to follow @Braziocoin on instagram to stay up to date with all the news of the cryptoworld.

Want to BUY BRAZIO COIN? Check out Braz.io for more info.

It is good news. I hope It will affect the value of crypto currency more stable and more popular.

[zgrdyg]

If crypto values become stable like any other currency in world, i think it'll lose power in investment side. Its the fluctuations bring money to people.

[dekafee79]

If crypto values become stable like any other currency in world, i think it'll lose power in investment side. Its the fluctuations bring money to people.

I agree mate. The fluctuations bring miney to people. But If crypto is not stable, Crypto cannot be currency like fiat.

[Nestle]

This is the stage of progress of the Indonesian state. the government has approved the cryoto as a digital asset for investment. good news for crypto's growth in the future.

[damsix]

it will be very good news, so it can raise the price of Bitcoin.
at least cryptocurrency is the livelihood in your country of residence (Indonesia)