Commission XI of the Indonesian House of Representatives (DPR) has approved Adi Budiarso to serve as the Chief Executive of the Financial Sector Innovation Technology, Digital Financial Assets, and Crypto Assets (IAKD) Supervisor at the Financial Services Authority (OJK).
He replaced Hasan Fawzi, who is now entrusted with the task of being the Chief Executive of Capital Market, Derivatives Finance, and Carbon Exchange.
The perpetrators of the crypto asset industry welcomed this new leadership and expressed their appreciation for Hasan Fawzi's contribution during his leadership of the supervision of the financial technology innovation sector and crypto assets.
Tokocrypto CEO, Calvin Kizana, expressed his gratitude and appreciation to Mr. Hasan Fawzi for his role in strengthening the foundation of the crypto industry in Indonesia.
"Under his leadership, the Indonesian crypto ecosystem has shown significant development, both in terms of governance, strengthening regulations, and increasing public confidence in the industry," said Calvin.
He added that one of the important achievements in the period was the process of transferring supervision of the crypto industry from the Commodity Futures Trading Supervisory Agency (Bappebti) to the OJK.
Tokocrypto also welcomes the appointment of Adi Budiarso as the new Head of Executive Supervisor of IAKD. He hopes that this new leadership can further strengthen the ecosystem of financial technology innovation and digital assets in Indonesia.
"We hope that under his leadership, the ecosystem of crypto assets and financial technology innovation in Indonesia can continue to grow sustainably," said Calvin.
According to him, adaptive regulatory support for technological developments will be the key to future industry growth.
"In the future, we hope that OJK will continue to encourage the creation of regulations that are adaptive to technological developments, provide room for innovation for industry players, and strengthen collaboration between regulators, business actors, and all stakeholders," he concluded.
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