Crypto asset oversight switched to OJK, Bappebti focuses on commodity-based Futures trading
The Commodity Futures Trading Regulatory Agency (Bappebti) is set to focus on its core function after its tasks of regulation and supervision of digital financial assets, including cryptocurrency and financial derivatives, have officially been transferred from the agency to the Financial Services Authority (OJK) and the Indonesian Central Bank (BI).
The agency will now concentrate on developing Commodity Futures Trading (PBK) based on superior commodities and optimizing the Warehouse Receipt System (SRG) and Commodity Auction Markets (PLK).
“The transfer of Bappebti’s regulatory and supervisory roles on digital financial assets, including…
