๐จ BREAKING: Indonesia Elevates Stablecoin and Digital Financial Assets to Statutory Recognition Under the P2SK Law ๐ฎ๐ฉ
Indonesia has officially recognized and regulated digital financial assets under the Financial Sector Development and Strengthening Law (P2SK), placing them at the highest level of legal authority.
The law grants the Financial Services Authority (OJK) expanded powers to regulate and supervise issuers of digital financial assets including stablecoin as well as digital financial asset, which are now recognized as financial institutions under Indonesiaโs regulatory framework.
This marks a major milestone for the Indonesiaโs digital financial asset ecosystem and provides a stronger legal foundation for innovation, investor protection, and market development.
@ScamDetective5 But ethreum is not MICA (Market in Crypto assets) compliance in the Euro Zone...
How it is work when two Continent transfer money with not regulated or not permissioned