BTSE Obtains Indonesia OJK License, Officially Launches BTSE Indonesia
On July 3, BTSE launched BTSE Indonesia through a joint venture with PT Aset Kripto Internasional and obtained a Digital Financial Assets and Crypto Asset Trading Operator (PAKD) license issued by the Financial Services Authority of Indonesia (OJK). BTSE provides trading infrastructure and liquidity support, while BTSE Indonesia is responsible for local market operations. The platform btse.id supports deposits and withdrawals in Indonesian Rupiah (IDR) as well as IDR trading pairs. In the future, it plans to expand into products such as futures trading in compliance with local regulatory requirements.