Tokocrypto Await Masterplan And Roadmap Digital Financial Assets And Crypto Assets

Tokocrypto welcomes OJK's efforts in making crypto asset policies in Indonesia (photo: Tokocrypto)

JAKARTA - The Financial Services Authority (OJK) revealed that crypto asset investors in Indonesia have reached 17.8 million until August 2023 and are predicted to continue to grow along with the high trend of demand.

At the Financial Services Assessment Press Conference & OJK OJK Policy Results for Monthly RDK September 2023 on Monday, October 9, OJK said it was preparing a Masterplan and Roadmap for Digital Financial Assets and Crypto Assets (IAKD).

OJK also continues to coordinate with the Commodity Futures Trading Supervisory Agency (CoFTRA) and Bank Indonesia for cross-cutting issues in coordination and harmonization of policies and regulation of crypto assets.

A number of these policy measures were positively welcomed by business actors in the crypto industry, especially Tokocrypto. Tokocrypto CEO Yudhono Rawis is waiting for the Masterplan and POJK draft (Financial Services Authority Regulation).

According to Yudho, OJK has taken critical steps by mapping out the cross-cutting issue in terms of coordination and policy harmonization and regulation related to crypto assets.

"We are looking forward to the policy direction that will be taken by the OJK to ensure that the crypto asset industry in Indonesia develops in line with technological developments, and is in line with global standards," he said in a statement received in Jakarta.

While crypto assets continue to grow and develop, Yudho emphasized that clear and effective regulations are key to risk minimization, protecting investors, and ensuring sustainable growth.

Tokocrypto is also committed to always supporting the government's vision of advancing the crypto asset industry in Indonesia, and believes that close collaboration with OJK, CoFTRA and Bank Indonesia will have a big impact on the industry.