Indonesian Trade Ministry Plans to Launch Crypto Exchange by June 2023

Indonesian Trade Ministry plans to launch crypto exchange by June 2023.

"Because now that we have the regulations and there have been some improvements, hopefully we will get to have a crypto bourse before June," Trade Minister Zulkifli Hasan said in Jakarta on Thursday, as reported by BTV.

The government is currently reviewing which company ticks all the boxes to become part of the crypto bourse. To date, there are five active "physical traders of crypto assets", out of the 25 already registered at the Commodity Futures Trading Regulatory Agency (Bappebti).