Indonesia to tighten crypto regulation, will bring stricter exchange rules
Fri, Sep 23, 2022 2:00 PM

Indonesia to tighten crypto regulation, will bring stricter exchange rules

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Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Two-thirds of cryptocurrency exchange directors must be Indonesian citizens who reside in the nation under the updated regulatory framework. The new regulation came after Southeast Asia-focused cryptocurrency exchange Zipmex had to cease withdrawals due to financial difficulties.

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