Lawmaker Welcomes OJK’s Oversight Role in Crypto Asset Trading
Jakarta. House of Representatives member Ahmad Najib Qodratullah on Thursday expressed support for the issuance of Government Regulation No. 49/2024, which transfers regulatory and supervisory authority for crypto and derivative asset trading from the Commodity Futures Trading Supervisory Agency (Bappebti) to the Financial Services Authority (OJK).
Najib said the change would enhance efficiency in the country’s financial sector but emphasized the need for harmonization among regulations issued by OJK, Bappebti, and Bank Indonesia.
“It takes serious efforts to prevent these regulations from overlapping, coupled with close coordination, mutual understanding, and common standards in the rule-making…
