๐ Big news for #crypto in Indonesia! ๐ฎ๐ฉ Starting Jan 2025, the Financial Services Authority (OJK) will take over crypto regulation from commodities agency Bappebti. Crypto firms must pass a sandbox evaluation before getting the green light to operate. ๐ข
๐ Sandbox testing ensures products are safe & reliable, while helping businesses adapt to OJK's regulations. Firms operating without sandbox approval will be considered illegal. โ ๏ธ
๐ค What do you think of this regulatory shift? Will it boost Indonesia's crypto market? Share your thoughts below! ๐ฌ