Indonesia Regulator OJK Says Crypto Products Must Be Evaluated in a Sandbox Before Licensing

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Indonesia Regulator OJK Says Crypto Products Must Be Evaluated in a Sandbox Before Licensing

“This aligns with our spirit at OJK, particularly in consumer protection and education,” Hasan Fawzi, the regulator’s head of supervision for financial technology, digital financial assets and crypto, said at a media briefing on Tuesday. “We expect our regulatory mechanisms to directly impact the prevention of fraudulent investments.”



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