The Indonesian Trade Ministry’s Futures Exchange Supervisory Board (Bappebti) has signed a decree to make cryptocurrency a commodity legally tradable on a stock exchange, local news outlet The Jakarta Post reports today, June 4.
According to Dharma Yoga, head of Bappebti market supervision and development bureau, the Future Exchange Supervisory Board decided to allow crypto to trade as a commodity as a result of a four month study into cryptocurrencies.