Categories: BusinessExchangeNewsRegulation

Indonesia’s New Futures Trading Law Cause Controversy

Traders in Indonesia have criticized a new regulation that requires $70 million in capital to trade in crypto futures, as per reports from The Jakarta Post, February 14, 2019.

Unexpected Hurdles

While the growth of the blockchain and cryptocurrency industry has been impressive, it certainly has not been evenly spread around the world. Some nations in Europe, as well as the famous ‘Blockchain Island’ of Malta, have put very crypto-friendly and well-defined laws in place, other jurisdictions are trailing behing and are in the process of adding new laws.

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