The Commodity Futures Trading Regulatory Agency (Bappebti) and Indonesia's Ministry of Trade have officially launched a national crypto asset futures exchange. This exchange will be operated by PT Bursa Komoditi Nusantara, also known as the Commodity Futures Exchange (CFX).
Alongside the exchange, a clearing house and a depository institution have also been established. These will be managed by PT Kliring Berjangka Indonesia and PT Tennet Depository Indonesia, respectively. This trio of institutions will collaborate with licensed Crypto Asset Traders (known locally as CFAKs) to form the core operational ecosystem for digital assets in Indonesia.
According to Subani, the Director of CFX, 23 prospective crypto asset trading platforms have already registered as members of the new national exchange.
The Official List of Registered Crypto Exchanges
The following is the list of the 23 registered Crypto Asset Traders (CFAKs) as members of Indonesia's new futures exchange:
- Ajaib Kripto
- Triv
- Nanovest
- Stockbit Crypto
- Naga Exchange
- Bitwewe
- Dex Exchange
- Reku
- Pintu
- Cyra
- Galad
- Gudang Kripto
- MAX
- NVX
- KMK
- Indodax
- Pluang
- Vonix
- Zipmex
- Luno
- Mobee
- Upbit
- Tokocrypto
It is noteworthy that Bappebti's official website currently lists 32 entities as prospective crypto traders. This means that nine potential CFAKs have not yet completed their membership registration with the new national exchange.
Following the launch event, the Head of Bappebti, Didid Noordiatmoko, clarified that the registration window for membership would remain open for one month. He emphasized that any CFAK failing to register within this timeframe risks having its operational license in Indonesia revoked.
Operational Timeline for the Indonesian Crypto Exchange
According to statements from Bappebti's leadership, the newly inaugurated national crypto exchange is projected to become fully operational within the next month.
In its operational phase, Bappebti and other relevant institutions will conduct ongoing supervision and evaluation to ensure the integrity and stability of Indonesia's crypto ecosystem. Didid mentioned that oversight frameworks are already in place through existing regulations, with evaluations planned on a daily, monthly, and quarterly basis to ensure compliance and smooth operation.
This development has been met with optimism from industry leaders. The CEO of Tokocrypto, Yudhono Rawis, stated that a complete institutional ecosystem provides legal certainty, transparency, and protection for both businesses and investors. He described this move as a critical step in strengthening Indonesia's position as a central hub for crypto trading and innovation in Southeast Asia.
As the market evolves, understanding the regulatory landscape becomes crucial for investors and traders. For those looking to navigate these new developments, it is essential to 👉 access reliable trading platforms that prioritize security and compliance.
Frequently Asked Questions
What is the Indonesian Crypto Asset Futures Exchange?
It is a officially sanctioned national exchange established by Indonesian regulators to create a regulated and supervised environment for trading crypto assets. It aims to provide legal certainty and protect investors.
Why are some exchanges on Bappebti's list not on the exchange member list?
Bappebti's website lists all entities with preliminary approval (CFAKs). The member list is for those who have completed the final registration process with the new national exchange. The nine absentees have a one-month window to finalize their registration or risk license revocation.
When will the exchange start functioning?
The exchange is scheduled to begin full operations within the next month after its official launch. The exact date will be confirmed by the regulators as the technical and supervisory frameworks are finalized.
How does this affect international crypto exchanges operating in Indonesia?
All crypto asset trading platforms, including international ones, must register as members of the national exchange to operate legally in Indonesia. This ensures they adhere to local regulations and supervisory standards.
What does this mean for crypto investors in Indonesia?
Investors gain a more regulated environment, which should lead to increased security, transparency, and reduced risk of fraud. All transactions will be channeled through supervised entities, offering greater protection.
Will transaction costs increase because of the new exchange?
While the new structure could potentially introduce new fees to cover regulatory and operational costs, the exact impact on end-user transaction costs remains to be seen as the exchange begins operation. The goal is to balance oversight with market growth.