"We are proud of this achievement to become the third exchange to receive PFAK license in Indonesia, the market which has 35 prospective crypto exchanges registered with Bappebti." - Tokocrypto CEO Yudhono.
"In late 2023, Indonesia introduced a requirement for all crypto exchanges to register with what it called the world's first national bourse for crypto assets."
"The regulatory development came as a response to the high local demand for crypto in Indonesia."
"Binance acquired Tokocrypto in late 2022, having previously been a majority shareholder of the company."
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