[ad_1] “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.” [ad_2] Source link
[ad_1] Earlier this month, OJK has been teaming up with financial authorities from Malaysia, Singapore, and Dubai to build a comprehensive crypto policy. These international collaborations, including drafting Memorandums of Understanding with Malaysia’s Bank Negara, Singapore’s Monetary Authority, and Dubai’s Virtual Asset Regulatory Authority, aim to establish a solid framework for crypto policy. [ad_2] Source … Read more
[ad_1] While Bappebti has not specified how it wants the Finance Ministry to revise the taxes, it is likely that it seeks the removal of VAT, to match how stocks are treated. The industry expects the shift in oversight to OJK – which oversees all financial services in Indonesia, including banking, capital markets, insurance and … Read more
[ad_1] “Both stocks and crypto are tradable assets with profit potential … Thus, implementing the same tax regime for both these investment instruments would be more equitable and consistent,” Yudhono Rawis, CEO of exchange platform Tokocrypto told CoinDesk Indonesia. [ad_2] Source link