The Battle for Crypto Exchange
Monday, March 27, 2023
Maladministration hangs over crypto exchange operator licensing process. A competitor emerges close to the deadline.
AFTER the Friday prayer on March 17, Didid Noordiatmoko hurried to the Indonesian Ombudsman’s office in Kuningan, South Jakarta. The chairman of the Commodity Futures Trade Regulatory Agency (Bappebti) was responding to the Ombudsman’s invitation concerning a complaint from Digital Futures Exchange (DFX) related to the planned crypto exchange. The company had applied for the license to manage the crypto exchange with Bappebti, but the
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