Indonesia Issues Regulation Clearing Way For Trading Of 229 Cryptoassets

Indonesia's Commodity Futures Trading Supervisory Body (Badan Pengawas Perdagangan Berjangka Komoditi or "Bappebti") has issued the long-awaited list of cryptoassets that can be traded in Indonesia.

This list of approved cryptoassets is contained in Bappebti Regulation No. 7 of 2020 regarding the Stipulation of the List of Cryptoassets that Are Allowed to Be Traded in the Cryptoasset Physical Market ("Bappebti Reg. 7/2020").

Bappebti Reg. 7/2020 was issued and took effect on December 17, 2020, but was only made public in mid-January 2021. Its main feature is the list of 229 cryptoassets that can legally be traded in Indonesia.

This is an implementing regulation for Bappebti Regulation No. 5 of 2019 regarding Technical Provisions for the Organization of the Cryptoasset Physical Market on the Futures Exchange, as lastly amended by Bappebti Regulation No. 3 of 2020 regarding the Third Amendment of Bappebti Regulation No. 5 of 2019.