Indonesia lanzará intercambio estatal de criptomonedas

The state cryptocurrency exchange will receive the support of the authorities in full

Deputy Minister of the Indonesian Ministry of Commerce, Jerry Sambuaga said that the state cryptocurrency exchange will provide favorable terms of cryptocurrency exchange for traders. It will be fully legal and regulated in accordance with the requirements of local regulators.

The exact launch date of the project is unknown. It is likely that the exchange will be launched in the next couple of months. On the platform you will be able to get a wide range of services for sale, exchange, and storage of digital assets. It can also be used for lending, staking and DeFi projects.

Interest in blockchain in Indonesia is quite justified. In 2021, 90% of entrepreneurs will switch to digital platforms in the bullish cryptocurrency market. By establishing the integration of these companies with the cryptocurrency exchange, it is possible to provide high liquidity of investments.

Jerry Sambuaga believes that the presence of a state exchange will stimulate online trade in goods and services. Therefore, the choice is in Indonesia's favour and is justified. Let's see how this will be implemented in practice.

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