CoFTRA Freezes Operations of 2 Indonesian Crypto Exchanges, What’s Up?

Jakarta, CNBC Indonesia – The number of prospective physical crypto asset traders registered with CoFTRA is now reduced to 11 entities. This is because the commodity exchange regulatory agency revoked the registration certificates of two crypto exchanges. CoFTRA has canceled its registration as a prospective Physical Crypto Asset trader at PT Bursa Cripto Prima and […]

After Telkom, Lippo Group Now Wants to Create a Crypto Exchange

Jakarta, CNBC Indonesia – The Lippo Group technology issuer, PT Multipolar Tbk (MLPL), through its subsidiary, plans to form a joint venture with Luno to develop a crypto exchange in the country. The entry of the Lippo Group adds to the number of corporations that have ventured into the cryptocurrency business after previously the Telkom […]

Telkom Creates Crypto Exchange in Indonesia, Ready to skyrocket – PT Telkom Indonesia ready to launch a crypto exchange in Indonesia, together with Binance Holding Ltd, to form a joint venture (JV) with a consortium of MDI Ventures. Binance founder and CEO, Changpeng Zhao, said he is ready to grow the blockchain and cryptocurrency ecosystem globally, and this initiative in Indonesia is a […]

Sah! MDI Ventures Telkom & Binance Bursa Bursa Crypto di RI

Jakarta, CNBC Indonesia – Binance, the largest cryptocurrency exchange institution in terms of transactions, has formed a joint venture with a consortium led by MDI Ventures, a venture capital owned by PT Telkom Indonesia Tbk (TLKM). This new company will develop a crypto exchange in Indonesia. In this partnership, Binance will provide world-class asset management […]

Binance Closes Operations in Singapore, What’s Up?

Jakarta – Unit Binance from Singapore decided to withdraw the application for a license to run crypto services in the city-state. What’s wrong? Binance is one of the largest crypto exchange companies in the world. Binance did not give a clear reason for the closure in Singapore, they only said it would focus more on […]