Indonesia government will allow cryptocurrencies as futures commodities that can be traded in the stock exchange, said the Market Supervision and Development Bureau of the Trade Ministry’s Futures Exchange Supervisory Board Dharma Yoga . The decision was taken after Bappebti (the Trade Ministry’s Futures Exchange Supervisory Board) conducted a study for the last 4 months.
Furthermore, the government will make further regulations on the establishment of cryptocurrencies as a commodity. Various ministries and institutions such as Bank Indonesia (BI) and the Financial Service Authority will be involved in the process of issuing regulations.
