Indonesia OKs Bitcoin and USDT for International Transactions
The Financial Services Authority of Indonesia (OJK) has licensed and supervised PT Bumi Santosa Cemerlang to facilitate Crypto Assets, including Bitcoin and USDT. The company is authorized to record transactions on Central Finansial X (CFX) and guarantee them through Kliring Komoditi Indonesia (KKI). This move aims to provide wider access to various asset classes in Indonesia.
PT Bumi Santosa Cemerlang is a financial application that offers micro-investment products, including US Stocks, ETFs, and Options. The company is also licensed by the OJK for derivatives products with underlying securities, which are traded on the Jakarta Futures Exchange (JFX) and the Indonesian Futures Clearing House (KBI).
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