Regulatory Alerts2024-10-16
Bappebti Regulation No. 9 of 2024 on the Third Amendment to Regulation No. 8 of 2021 Regarding Guidelines for Physical Crypto Asset Trading on Futures Exchanges
The Head of the Commodity Futures Trading Regulatory Agency (Bappebti) issued Regulation No. 9 of 2024 to amend the guidelines for physical crypto asset trading on futures exchanges, aiming to ensure a trustworthy market and legal certainty. The regulation imposes strict operational, reporting, and governance obligations on futures exchanges, clearing institutions, and physical crypto asset traders to prevent manipulation and protect consumers. Key changes include enhanced capital and staffing requirements for traders, mandatory real-time reporting systems, and prohibitions on affiliated debts and self-created asset trading.
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