#NODEBinanceTGE Bappebti (Commodity Futures Trading Regulatory Agency) has blocked several cryptocurrency trading platforms that do not have official licenses in Indonesia. This measure is taken to protect the public from potential losses and maintain the conducive environment of the cryptocurrency market in Indonesia.
*Reason for Blocking:*
- These platforms do not have a business license in Indonesia
- Violate applicable regulations
- May cause losses to the public
*Impact of Blocking:*
- Increase investor and market participant confidence in cryptocurrency assets
- Reduce the risks associated with illegal cryptocurrency investments
- Encourage the growth of legal cryptocurrency transaction volumes
*List of Legal Cryptocurrency Assets in Indonesia:*
Bappebti has released the latest list of legally recognized cryptocurrency assets that are permitted to be traded in Indonesia. Here are some examples of listed cryptocurrency assets¹ ²:
- *Major Cryptocurrency Assets:*
- Bitcoin (BTC)
- Ethereum (ETH)
- Solana (SOL)
- XRP (XRP)
- *Popular Altcoins:*
- Chainlink (LINK)
- Uniswap (UNI)
- Stellar (XLM)
- Dogecoin (DOGE)
- *Other Tokens:*
- USDT (Tether)
- USDC (USD Coin)
- BUSD (Binance USD)