Cryptocurrency Investment Is a Risky Business

CoFTRA Chief Didid Noordiatmoko on Indonesia’s first crypto exchange.

Abdul Manan

July 31, 2023

THE Futures Exchange Supervisory Board known as Bappebti or CoFTRA has finally launched the state-run crypto exchange. On July 17, the agency appointed Bursa Komoditi Nusantara or Commodity Futures Exchange (CFX) as the operator and Kliring Berjangka Indonesia as the clearing house. Three days later, Tennet Depository Indonesia was appointed as the crypto asset storage custodian.

On Friday last, July 28, Trade Minister Zulkifli Hasan inaugurated

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