Indonesia introducing new regulations for Bitcoin Commodity Trading on Exchanges.
Regulatory Agency on Indonesia signed a Decree in which Cryptocurrency future Commodity trading on exchanges becomes fully legal. Tax and other related rules will be released by the Government later.
After these regulations, all Crypto exchanges operations going on in the country already now running legally. All Bitcoin and Crypto related businesses now can grow legally without any issue.
After the legal policies introduced in Indonesia, Crypto Traders have to maintain their trading records and maintain the risk limits and Anti-money Laundering issues.
Indonesia wanted to protect the Crypto investors from scams and fraud schemes, so they do not lose their capital.
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