Indonesia's Financial Services Authority (OJK) has licensed the International Crypto Exchange (ICEx) as the country's second official cryptocurrency exchange. ICEx, headquartered in Indonesia, has secured strategic funding of approximately 1 trillion Indonesian Rupiah (US$70 million) from local cryptocurrency and digital asset companies. The exchange will oversee market transaction reporting, ensure market integrity, regulate its members, and coordinate with the OJK. The approval of ICEx is seen as a significant step in fostering a healthy cryptocurrency ecosystem in Indonesia.
Indonesia Approves ICEx as Second Official Crypto Exchange
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