Crypto asset transactions on the Futures Exchange have skyrocketed. In response to this, the Commodity Futures Trading Supervisory Agency (Bappebti) issued Circular Letter (SE) Number 47/BAPPEBTI/SE/03/2024 concerning Confirmation of the Implementation of Physical Market Trading in Crypto Assets. Bappebti explained that SE is useful as confirmation for optimizing the crypto asset ecosystem hosted on the Futures Exchange. Bappepbti claims to want to prevent potential illegal investment, as well as encourage transparent, effective and efficient crypto asset trading on the market."The current crypto asset ecosystem is a representation of the spirit of the Indonesian government and with SE Number 47/BAPPEBTI/SE/03/2024, Bappebti seeks to realize crypto asset trading that is orderly, fair, efficient, and able to support healthy business competition. In addition It is hoped that the crypto asset ecosystem will strengthen protection for customers/the public from illegal investments and at the same time provide business certainty for perpetrators
Important Message for Crypto Players
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