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Indonesia Includes XRP in List of 501 Tradable Cryptocurrencies, Signaling Positive Step Towards Crypto Adoption

June 19 (Cointime) - Indonesia has added XRP to its list of 501 tradable cryptocurrencies, indicating a positive move towards crypto adoption and potential use as a means of payment. The government's recently released regulatory document, titled "Supervisory Body Regulation Commodity Futures Trading Number 4 of 2023," includes an amendment to the existing Trade Controlling Agency Regulations Commodity Futures Number 11 of 2022.

The list of tradable cryptocurrencies also includes Bitcoin, Ethereum, Ripple, and Cardano, among others. Indonesia's efforts to refine regulations and potentially allow XRP as a means of payment in the future could encourage the adoption and integration of digital assets into various sectors of the Indonesian economy.

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