Bybit has launched a locally operated cryptocurrency platform in Indonesia following its majority acquisition of PT Enkripsi Teknologi Handal, formerly known as NOBI.Â
Summary
- Bybit launches Indonesia platform after acquiring NOBI, entering a regulated market with 21.07 million accounts.
- Bybit Indonesia will roll out more than 500 trading pairs while keeping local management leadership.
- OJK licensed 31 crypto entities by March, as Indonesia tightened oversight across its digital market.
The company said the deal establishes Bybit Indonesia as a local entity operating under the supervision of the Financial Services Authority, or OJK.
The exchange plans to…
