Regarding The Launch Of The National Crypto Exchange, Ketum Aspakrindo: There Is No Date Yet

Head of Aspakrindo Teguh Kurniawan Hermanda (photo: Instagram @tkharmanda)

JAKARTA - The Commodity Futures Trading Supervisory Agency (CoFTRA) recently confirmed that it will soon launch a national crypto exchange in July this year.

However, the exact date of launch is still unknown. However, as an association that houses crypto asset traders in Indonesia, Aspakrindo admitted that there had been discussions with CoFTRA with this crypto exchange.

"Specifically there is no (definite date), but indeed we have received confirmation several times that there will be an exchange later. Of course we are waiting for the best time for Dr. CoFTRA to immediately launch the exchange," said Aspakrindo Chairman Teguh Kurniawan Harmanda to VOI on Tuesday, July 18 when confirmed.

However, the man who is familiarly called Manda himself admitted that his party did not know for sure the readiness to launch the crypto exchange which was said to be launched this month. "Surely the one who knows more about CoFTRA. We are also waiting," he said.

Because crypto asset traders cannot communicate directly with CoFTRA other than through associations, Manda stated that the perpetrators in the crypto industry hope that later the presence of this exchange can increase public trust.

"We hope that the presence of the stock exchange will increase people's confidence to invest in crypto assets. And also strengthen the industry even better," concluded Manda.

On the other hand, Head of CoFTRA Didid Noordiatmoko admitted that he had discussed and agreed with the stock exchange regulations. "We have tested the system integration between traders, exchanges, clearing, and storage," said Didid recently.

He also revealed that CoFTRA plans to limit crypto sales to local transactions, while maintaining suitability with international market developments. This will include questions about crypto prices, which will be approved by CoFTRA.