Indonesia's Ministry of Trade has approved 501 legal cryptocurrencies for trading in the country, an increase from last year's 383

Indonesia's Ministry of Trade has approved 501 legal cryptocurrencies for trading in the country, an increase from last year's 383. Among the newly added assets is ASIX+, a token owned by Indonesian musician Anang Hermansyah. The token was previously banned from trading by Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti), but after discussions with the agency and Blockchain Association of Indonesia, Hermansyah re-registered it for approval. Bappebti noted that there were 17.25 million cryptocurrency investors in Indonesia as of April this year, up 0.64% on March and a rise of 25.64% YoY.

Indonesia

Original Link

Comments

All Comments

Recommended for you

Squad3 ·

Squad3: The New Leader in the Social Earnings Track

Squad3: The New Leader in the Social Earnings Track
Mint Blockchain ·

Mint Blockchain Community Gathering Vol. 3 | Poker Night!

Amid excitement and anticipation, the Mint Blockchain community is gearing up for its third Community Gathering, this time with the thrilling theme of Poker Night!
Mint Blockchain ·

Tropical Rainforest Point Zone Wave 2：Get your RedotRay Crypto Card

We believe this partnership will further accelerate the integration of cryptocurrency into everyday life, providing users with a more flexible and diversified payment experience! 💳✨
Mint Blockchain ·

Mint Blockchain Secures an Additional 750K OP Delegation, Strengthening Its Core Role in Optimism Governance!

As a key member of Optimism Superchain governance, we are proud to announce that we have received an additional 750K OP delegation, bringing our total voting power to over 1 million OP.
PermaDAO ·

The ArFleet Debate: Breakthrough Innovation or Departure from Arweave's Permanent Storage Vision?

ArFleet is a decentralized temporary storage protocol that establishes a trustless storage marketplace, allowing users to purchase time-limited storage services on demand.
Mint Blockchain ·

Mint Community Momentum Wave: Phase 2 — Creative Storm Wave!

Following the successful conclusion of our first online community gathering, Mint Blockchain is reigniting the community’s enthusiasm with the launch of the second phase of the Mint Community Momentum Wave: Creative Storm Phase!
LongBow Capital ·

DeP-101: DePIN Bring Crypto to Real Life

DeP-101: DePIN Insight Interview
Pennsylvania Passes "Bitcoin Rights" Bill and Considers Strategic Bitcoin Reserve Amid Criticism and Potential Economic Benefits

Pennsylvania has passed the "Bitcoin Rights" bill, which protects the rights of individuals and businesses to self-custody digital assets, operate blockchain nodes, and conduct transactions without interference from restrictive municipal ordinances. This move establishes Pennsylvania as a leader in digital asset regulation and demonstrates its commitment to fostering innovation in the sector while addressing issues such as economic empowerment and financial inclusion. Additionally, two Republican Representatives have introduced the Strategic Bitcoin Reserve Act, which would allow the state treasurer to allocate up to 10% of Pennsylvania's funds into bitcoin and crypto-based exchange-traded products. However, critics have raised concerns about the risks of holding bitcoin in government reserves, including extreme price volatility and security vulnerabilities, as well as environmental concerns related to bitcoin mining's energy consumption. Despite this, Pennsylvania's proactive approach to fostering a crypto-friendly environment positions the state as a model for equitable digital asset adoption and underscores the growing role of state governments in shaping the future of the digital economy.
It is reported that Trump may meet with Ripple CEO and other crypto industry representatives to discuss the formulation of US crypto policy

Ripple CEO Brad Garlinghouse recently gave an interview to Fox News and talked about his feelings regarding Trump's victory in the 24th US presidential election. There are reports that Brad Garlinghouse and other representatives from the cryptocurrency industry may meet with Trump to discuss participating in the formulation of US cryptocurrency policies. Fox News asked Brad Garlinghouse about this matter, and although it has not been confirmed, his response seemed to suggest that he would be open to it. Brad Garlinghouse said, "I won't comment too much on the details here. Throughout the entire election cycle, we have been actively supporting cryptocurrencies and innovation, and we will continue to work with more friendly government officials to get rid of current regulations through law enforcement."
EU regulators set out guidelines on restrictions for cryptocurrency providers

the European Banking Authority (EBA) is the European regulatory agency responsible for addressing weaknesses in the European banking industry. It has issued two sets of guidelines, including specific guidelines for payment service providers (PSPs) and cryptocurrency asset service providers (CASPs). On November 14th, EBA released guidelines that specify the measures that PSPs and CASPs must take when transferring funds or cryptocurrency to comply with EU and national restrictive measures. According to EBA, these guidelines ensure the implementation of EU and national sanctions. EBA believes that weaknesses in control, internal policies, and procedures may pose legal and reputational risks to financial institutions (including PSPs and CASPs). In addition, weak links in these areas for financial institutions may also "weaken" the effectiveness of the EU's restrictive measures system. The European Banking Authority emphasizes that this may lead to rule evasion, thereby affecting the stability of the EU's financial ecosystem. According to ECA, these guidelines will apply from December 30, 2025.