Here are some of the latest crypto news besides those already mentioned:
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⚙️ Regulations & Policies in Indonesia
Crypto Oversight Transferred to OJK
Since January 10, 2025, the oversight of crypto assets in Indonesia has officially been transferred from Bappebti to OJK based on GR No. 49/2024 and OJK Reg. 27/2024.
OJK has issued licenses for 19 Digital Financial Asset (DFA) traders, with 11 other licenses still in process.
CFX (PT Central Financial X) released a list of crypto assets that may be traded, shrinking from 1,444 to 1,153 tokens as of June 23, 2025, as a form of strict filtering to protect retail investors.
Tax Regulations & Consumer Protection
The government imposes VAT of 0.11% for tokens on registered exchanges (0.22% for unregistered ones), as well as final income tax around 0.1–0.2% depending on the exchange's status.
Late reporting incurs a penalty of up to 24 months (2% per month).
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🌍 Developments in Southeast Asia & Global
South and Southeast Asia Strengthening Regulations
In the Asia-Pacific region, including Thailand and Singapore, authorities are increasingly emphasizing compliance, AML/KYC, and standardization as operational requirements for crypto platforms.
Indonesia has even partnered with UNDP to accelerate national digital transformation.
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🐋 Whales Action (On-chain)
On-chain records significant accumulation by whales of CRO, SHIB, and BONK ahead of the US Senate hearing. Some key points:
Cronos (CRO): an addition of ~20 million tokens, bringing the total whale ownership to about 1.03 billion, driven by rumors of the ETF Truth Social Crypto Blue Chip.
Shiba Inu (SHIB): the ownership share by large addresses increased ±3% of the total supply.
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🔐 Exchange Audit & Security
KuCoin released a Proof-of-Reserves report by Hacken—showing reserves of BTC & ETH at 110%, USDT at 114%, USDC at 112%—this marks the 32nd consecutive audit.
Previously, Gate.io also released a reserve audit: reserves exceeding the surplus (reserve ratio 128.6%) amounting to US$10.865 billion through an audit by Armanino LLP.
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