{"id":44768,"date":"2023-02-03T08:30:01","date_gmt":"2023-02-03T12:30:01","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=44768"},"modified":"2023-02-03T08:30:04","modified_gmt":"2023-02-03T12:30:04","slug":"indonesia-delays-crypto-stock-exchange-launch-till-june","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/indonesia-delays-crypto-stock-exchange-launch-till-june\/","title":{"rendered":"Indonesia delays Crypto-Stock Exchange launch till June"},"content":{"rendered":"\n
The crypto-stock exchange launch in Indonesia <\/a>which was initially planned to roll out by end of 2021 has once again been postponed till June 2023.<\/h5>\n\n\n\n
\"Indonesia
Indonesia delays Crypto-Stock Exchange launch till June<\/figcaption><\/figure>\n\n\n\n

According to a Friday report from CoinDesk Indonesia, Indonesia has postponed the launch of a crypto-stock exchange\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> for firms dealing in digital assets until later this year.<\/p>\n\n\n\n

According to the newspaper, Indonesia's commerce minister Zulkifli Hasan said on Thursday that he intended to open the exchange before June 2023 but wouldn't “rush” it if it wasn't ready.<\/p>\n\n\n\n

The platform was supposed to be launched by the end of 2021, but the administration ultimately decided to wait until the end of last year.<\/p>\n\n\n\n

According to Indonesia's deputy trade minister Jerry Sambuaga, developing a bourse that includes authorized digital asset businesses<\/a> with the goal of safeguarding customers “requires numerous preparations.”<\/p>\n\n\n\n

Online speculative trading has made Indonesia one of the region's fastest crypto adopters, but the growing backlogs suggest the government may have taken on the enormous job of creating a “crypto stock” market.<\/p>\n\n\n\n

Additionally, the nation recently established a new framework for financial laws that shifts responsibility for crypto oversight from the commodities regulator to the Financial Services Authority<\/a>, OJK, which may complicate how crypto assets are categorized under national legislation. Prior to the regulatory shift, the commodities regulator halted the licensing of cryptocurrency enterprises last August.<\/p>\n","protected":false},"excerpt":{"rendered":"

The crypto-stock exchange launch in Indonesia which was initially planned to roll out by end of 2021 has once again been postponed till June 2023. According to a Friday report from CoinDesk Indonesia, Indonesia has postponed the launch of a crypto-stock exchange for firms dealing in digital assets until later this year. According to the […]<\/p>\n","protected":false},"author":12,"featured_media":44770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[13236,1526,390],"class_list":["post-44768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-stock-exchange","tag-digital-assets","tag-indonesia"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/image-5.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/44768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=44768"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/44768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/44770"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=44768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=44768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=44768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}