In response to the rapid development of financial technology (fintech), the Indonesia Financial Services Authority (OJK) has taken a significant step towards strengthening regulations in the digital financial sector with the introduction of Regulation of the OJK (POJK) Number 3 of 2024. This regulation aims to establish a robust framework for the operation of financial […]
Investment instruments, including Commodity Futures Trading, have undergone a significant evolution. Traditionally, traded commodities included primary products such as agriculture, mining, and energy. However, with the advent of the digital era, the range of traded commodities has expanded to include financial products like stock indices, foreign currencies, and volatile cryptocurrencies. In this article, we delve […]
Financial transactions in the digital age are increasingly diverse, necessitating a ‘party’ to bridge the gap and ensure the security of these transactions. One such intermediary is the clearing house. A clearing house acts as a ‘mediator’ to ensure the security and smoothness of transactions across various financial markets, such as stocks, futures, and crypto […]
In today’s increasingly complex and interconnected financial world, clearing houses have become indispensable mediators. They ensure the smooth conduct of transactions between buyers and sellers, going beyond mere intermediation. Functions of Clearing Houses Clearing houses play a crucial role in facilitating transactions, including: Verifying the financial capability of both parties, ensuring they can legally enter […]
The Commodity Futures Trading Regulatory Agency (Bappebti) through the decision of the Head of Commodity Futures Trading Regulatory Agency Number 02/BAPPEBTI/SP-LKBAK/12/23 has granted approval to PT Kliring Komoditi Indonesia (KKI) as the Guarantee and Settlement Agency for Physical Market Trading of Crypto Assets and PT Indonesia Coin Custodian (ICC) through the decision of the Head […]
The Commodity Futures Trading Regulatory Agency (Bappebti) recently granted operational approval to two institutions, PT Kliring Komoditi Indonesia (KKI) as the Guarantee and Settlement Agency for Physical Market Trading of Crypto Assets and PT Indonesia Coin Custodian (ICC) as the Crypto Asset Storage Management Agency. These two institutions strengthen the Self-Regulatory Organizations (SRO) ecosystem, which […]