Indonesia Regulatory Switch Could See Crypto Classed as Securities, Not Commodities

Indonesia Regulatory Switch Could See Crypto Classed as Securities, Not Commodities

The government says regulatory changeover will take two years, said Jay Jayawijayaningtiyas, country manager for crypto exchange Luno Indonesia, adding that it’s too early to speculate how the assets will be regulated by the new authority. Luno is owned by CoinDesk’s parent company DCG, and is a member of the ABI.

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