Regulatory Alerts2024-08-16
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The Head of the Commodity Futures Trading Regulatory Agency (Bappebti) of Indonesia issued Regulation No. 8 of 2024, which amends previous guidelines on physical crypto asset trading at futures exchanges. This regulation mandates that prospective physical crypto asset traders must obtain final approval from Bappebti by October 16, 2024, or face the cancellation of their candidate registration. The regulation also clarifies that once exchanges and clearing houses receive approval, prospective traders must apply directly for final approval rather than seeking candidate registration.
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