Indonesia Will Require Crypto Products to Pass Through Regulatory Sandbox or Be Deemed Illegal

Indonesia's Financial Services Authority (OJK) takes over regulation of the crypto industry from the commodities agency Bappebti in January 2025. Crypto firms will have to pass an evaluation in a sandbox environment by the new regulator before they are granted approval to operate in the country.

Crypto firms will need to

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Source: Coindesk.com