Reku Officially Registered As A Member Of CFX, Launches Transparency Portal

Co-CEO Reku Jesse Choi (doc. Reku)

JAKARTA - Reku, a crypto trading and investment platform, is now officially registered as a member of the Nusantara Commodity Exchange (CFX). The decision is contained in the Exchange Member Agreement Letter (SPAB) Number 001/SPAB/PFAK/BKN/12/2023.

Subani as President Director of PT Bursa Komoditi Nusantara (CFX) said Reku had completed several procedures that must be passed by Candidates for Physical Traders of Crypto Assets (CPFAK) to be officially registered as members of the stock exchange.

Subani also explained that the procedures carried out, first of all, CPFAK is required to send a number of documents needed to register themselves as official traders on the exchange.

Furthermore, CPFAK is required to take a fit and proper test, which stage is followed by the Board of Directors, Commissioners, and shareholders. After that, the stock exchange will conduct a review of infrastructure. "After this is passed, then we will give the SPAB, which is the SPAB, the process will be continued to the Commodity Futures Trading Supervisory Agency (CoFTRA)," said Subani.

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Jesse as CO-CEO Reku said that so far Reku has continued to cooperate at every stage, so that everything goes smoothly. Not to forget, he also appreciated the support of the Crypto Exchange during the registration process. "Furthermore, Reku will coordinate with CoFTRA for the continuation of the licensing process as a Physical Trader for Crypto Assets (PFAK)," explained Jesse.

At the same time, Reku also launched Portal Transparency, to answer challenges in the crypto industry such as the rampant negative issues of fraudulent investments and fraud often make people hesitate to start investing, including in crypto assets.

In this Transparency Portal, Jesse added, Reku will present the latest information and trends related to investing in crypto assets. "Starting from what needs to be considered before choosing an investment platform, industrial development, and efforts to prevent potential fraud or fraud under the guise of crypto investment," he explained.