cryptonews
2022-01-25 11:33:00

Indonesian Regulator Warns About Cryptoasset Offers, Sales by Financial Services Companies

As major crypto industry players are intensifying efforts to access the Indonesian market, the country’s regulator Financial Services Authority (OJK) has reminded market participants that financial services companies are not allowed to offer and facilitate sales of cryptoassets. The agency said in a tweet that cryptoassets are a type of commodity that fluctuates in value, meaning that it could "go up and down at any time," stating that people must understand the risks. ...Read More: Indonesian Regulator Warns About Cryptoasset Offers, Sales by Financial Services Companies

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.