In the field of digital currency, the official launch of Indonesia's National Cryptocurrency Exchange and Clearing House has caused a sensation. This important move not only marks a new chapter in Indonesia's digital financial market, but also a disruptive challenge to the global cryptocurrency exchange landscape. Let's take a deeper look at this eye-catching event.

 Opening a new era of digital finance

With the continuous development of the cryptocurrency market, the official launch of Indonesia's National Cryptocurrency Exchange and Clearing House is seen as an innovation in Indonesia's digital finance field. This move will not only provide Indonesian local investors with a safer and more efficient digital asset trading platform, but will also attract more international investors and promote the vigorous development of Indonesia's digital economy.

 Achieving a comprehensive upgrade of the digital financial ecosystem

By establishing a national cryptocurrency exchange and clearing house, Indonesia will be able to better regulate digital asset transactions and improve the transparency and stability of the financial system. This not only provides investors with a more reliable trading environment, but also provides more data support for government regulators to help combat money laundering and other illegal financial activities.

 Promoting financial technology innovation and development

With the launch of Indonesia's National Cryptocurrency Exchange and Clearing House, the financial technology field will usher in a new wave of innovation. Various financial technology companies will cooperate on this platform to jointly explore the application of cutting-edge technologies such as blockchain and artificial intelligence, promote the digital transformation of financial services, and provide users with a more convenient and secure financial experience.

 Shaping a new trend in global digital finance

The rise of Indonesia's national cryptocurrency exchange and clearing house will surely set off a new trend in the global digital financial market. As one of the largest economies in Southeast Asia, Indonesia's digital financial development will become the focus of global attention. This will also provide valuable experience for other countries and regions to learn from, and promote the global digital financial industry to a more open and innovative future.

 Conclusion

The official launch of Indonesia's national cryptocurrency exchange and clearing house is not only an important milestone in the development of Indonesia's digital finance, but also a major change in the global digital financial industry. With the improvement of digital asset trading platforms and the continuous advancement of financial technology innovation, we have reason to believe that Indonesia will usher in a brighter tomorrow in the field of digital finance and contribute to the development of the global digital economy. Let us look forward to witnessing the arrival of a new era of digital finance!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120Btc.com) News: Indonesia, a country of 1,000 islands in Southeast Asia with a population of 270 million, has repeatedly announced that it will launch a national level in July to achieve a broader financial industry reform.

Indonesia's national crypto exchange and clearing house officially launched

After a long period of preparation, according to the Indonesian Commodity Futures Trading Supervisory Agency (Bappebti) on the 20th, the national cryptocurrency exchange (PT Bursa Komoditi
Nusantara), the futures clearing house (PT Kliring BerjangkaIndonesia), and PT Tennet
Depository will be the crypto asset custodian.

The press release stated that these three institutions will be supervised by the Indonesian Commodity Trading Regulatory Agency (CoFTRA), and will work with the Financial Services Authority (OJK), Bank Indonesia (BI) and the Ministry of Finance to promote the development of the crypto ecosystem.

Although the official also mentioned that the total transaction volume from January to June 2023 was 66.44 trillion rupiah, a year-on-year decrease of 68.65%, the reasons include the market downturn, reduced trading volume, liquidity crisis, inflation, and the Federal Reserve's interest rate hike policy, which led investors to turn to savings.

But CoFTRA head Didid Noordiatmoko is still optimistic: In terms of using blockchain technology, more and more companies Meta, Google and Twitter are beginning to integrate blockchain technology into their businesses, which proves that the physical trading of crypto assets in the future is quite promising.

The government will support local cryptocurrency projects

It is also worth noting that the official previously stated that when the new exchange is listed, all cryptocurrency transactions in Indonesia will only be through the exchange in the future.

As for the listing of tokens, it is not clear what tokens will be listed on the new exchange, but Didid revealed that the Indonesian government will support local projects, hoping that the listed cryptocurrencies will have local blood and can go to the international market, and the listing of all tokens will ultimately be approved by Bappebti.