Indonesia Delays Crypto-Stock Exchange Launch Again, This Time Till June: Report

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Indonesia Delays Crypto-Stock Exchange Launch Again, This Time Till June: Report
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Indonesia has once again delayed the launch of its national 'crypto stock' exchange. The country recently approved a package of new financial rules that would see crypto regulatory powers taken away from the local commodities regulator. By iamsandali

Creating a bourse that lists approved digital asset companies with the aim of protecting consumers"needs many preparations," Indonesia's Deputy Trade Minister Jerry Sambuaga said last September.

Indonesia has emerged as a fast crypto adopter in the region with online speculative trading driving use, but the mounting delays indicate the government may have undertaken a mammoth task of setting up a"crypto stock" exchange.

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