Tokocrypto CEO Appreciates The Launch Of The SPRINT Application To Encourage The Indonesian Crypto Industry

Illustration of the SPRINT application (Doc. OJK)

JAKARTA - Recently, the Financial Services Authority (OJK) launched an Integrated Licensing and Registration System (SPRINT) application for Financial Sector Technology Innovation (ITSK), Digital Financial Assets, and Crypto Assets (IAKD).

The presence of this application is expected to provide a significant variety of benefits for the development of the crypto asset industry in Indonesia.

Seeing this innovation, the Deputy Chairperson of the Association of Indonesian Crypto Assets Blockchain & Traders (Aspakrindo-ABI) as well as CEO of Tokocrypto, Yudhono Rawis appreciated the Government's steps in encouraging the development of the country's crypto industry.

According to him, with the presence of the SPRINT application, the licensing process will be faster, and become more transparent. Thus, this is considered very helpful for industry players in accelerating their innovation and business expansion.

"With an easier licensing process, the company can focus more on developing innovative products and services. We really appreciate this step and hope that the OJK will continue to develop policies that support the development of financial technology in Indonesia," Yudho said in a statement received on Thursday, June 20.

In addition, Yudho also thinks that SPRINT will open up opportunities for the development of innovative products and services that can provide benefits to the wider community.

"With easier and faster access to sandbox regulatory, they can test and develop new technologies more efficiently, as well as provide more secure and reliable digital financial solutions for consumers," he continued.

Industry players also believe that this initiative is expected to have a positive impact on the digital financial ecosystem in Indonesia. SPRINT will be an important catalyst for the development of financial technology, not only for crypto assets but also for various other digital innovations.