Tokocrypto Hopes ICEx’s Presence Can Boost the Growth of the Indonesian Crypto Industry

JAKARTA – Indonesia officially launched the International Crypto Exchange (ICEx), as the second crypto exchange that operates under regulation under the supervision of the Financial Services Authority (OJK).

With the support of strategic funding worth IDR 1 trillion, ICEx is positioned as a direct competitor to CFX as well as part of efforts to strengthen the national crypto market structure to be more competitive and sustainable.

Tokocrypto CEO, Calvin Kizana, assessed that the existence of more than one regulated crypto exchange would create healthy competition and strengthen the foundation of the crypto asset market in Indonesia.

“With the presence of a new regulated OJK cryptocurrency exchange,…

Source link