Indonesian authorities issued four regulations relating to the operation of digital asset commodity trading in crypto and digital gold.
The four regulations concern the:
- operation of commodity physical markets on the futures exchange;
- commodities which can be used as futures contracts subjects, Sharia derivative contracts and/or other derivative contracts traded on futures exchanges;
- technical provisions for the implementation of the digital gold physical market at futures exchanges; and
- technical provisions for the implementation of the physical market for cryptoassets.
"These regulations are intended to become the legal basis for trading cryptoassets as a commodity which can be subject to futures contracts and/or other derivative contracts traded on a futures exchange. In addition, it also facilitates the growth and development of the physical gold trading industry," said Bappebti head Wisnu Wardhana.