Expert warns regulatory gaps threaten crypto, forex investment climate in Indonesia
A legal expert has raised concerns over ongoing regulatory gaps upon the implementation of Law No. 4/2023 on the Development and Strengthening of the Financial Sector, warning that these gaps pose serious risks to the rapidly growing cryptocurrency and forex industries in Indonesia.
βThere is currently a legal vacuum that could be exploited by unscrupulous business actors. In some cases, customers have experienced difficulties withdrawing their funds for months, which severely undermines the national investment climate,β Adam Daniel told a press conference in Tangerang, Banten on Tuesday, June 10, 2025.
He said that the enactment of Law No. 4/2023…
