Indonesia's National Crypto Bourse (CFX) dominates market with 50% trading volume increase

From Investing.com: 2024-04-08 12:00:47

PT Bursa Komoditi Nusantara (CFX) in Indonesia strengthens the crypto ecosystem with 35 registered crypto exchanges. Four exchanges, PINTU, PLUANG, Kripto Maksima, and TOKOCRYPTO, receive Member Approval Letters contributing over 50% to Indonesia’s crypto trading volume, totaling IDR 55.26 trillion for January – February 2024, a 113% increase from last year.

Bappebti urges Indonesian crypto traders to apply for a Physical Crypto Asset Trader license requiring CFX approval and meeting regulatory requirements. CFX, the first official Indonesian crypto bourse, prioritizes security and stability in the crypto market, following Nasdaq-like design, promoting safety for investors and businesses in the crypto space.

CFX emphasizes regulatory compliance and consumer security in Indonesia’s crypto industry, partnering with Bappebti for a safe and transparent crypto environment. CFX supports Bappebti’s initiatives for consumer protection, signaling commitment to a secure crypto ecosystem in Indonesia.

CFX, the regulated Indonesian crypto asset bourse, enhances the digital asset market’s growth and development in Indonesia. Committed to compliance, investor protection, security, and transparency, CFX aims to improve Indonesia’s crypto ecosystem with innovative products and services. For more information, visit www.cfx.co.id.

Read more at Investing.com: Indonesia’s National Crypto Bourse (CFX) Has Already Captured Over 50% of The Country’s Crypto Trading Volume By Chainwire