High Risk, Bappebti Asks Crypto Buying and Selling Platforms to Educate Potential Investors

Todaysgist.com, Jakarta – All parties need to provide a comprehensive understanding of crypto asset transactions to potential investors. This understanding is very necessary so that potential digital asset investors can consider the transaction steps they want to take.

Head of the Indonesian Commodity Trading Futures Supervisory Agency (Bappebti) Ministry of Trade (Kemendag) Kasan explained, in order to increase public understanding of crypto assets, Bappebti will continue to invite all related parties to collaborate in carrying out this outreach.

Most recently, Bappebti collaborated with PT Pintu Kemana Saja (Pintu) as a platform for buying and selling crypto assets in Indonesia, and the Self-Regulatory Organization (SRO) of the CFX crypto exchange held a discussion at the Trisakti Tourism Institute, Jakarta.

“We appreciate CFX, the Trisakti Tourism Institute, and Pintu for their collaboration in organizing this educational activity. We hope that through this activity the public's understanding will improve, be more correct and comprehensive so that it can become a provision in considering transactions in crypto asset trading,” he was quoted as saying. from Antara, Wednesday (26/6/2024).

CoFTRA together with other collaborators provided a detailed explanation regarding the dynamics of regulation and supervision, ecosystem development, crypto asset transformation, and Web3 in Indonesia.

High Risk

CFX President Director Subani said that educating the public is one of the tasks carried out by his party as a regulator. He argued that socialization regarding crypto assets is important in order to provide an understanding of the security of investing in crypto, as well as the regulations governing these assets.

Furthermore, General Counsel Pintu Malikulkusno Utomo said that investing in crypto assets has high risks so you need a good understanding before deciding to invest. His party is also encouraging the presence of regulators and academics in the crypto industry, so that it can become a new attraction for potential investors.

We hope that the presence of regulators and academics in the crypto industry will not only encourage interest in investing in crypto assets, but can provide insights to business actors so they can continue to innovate.” he said.

Meanwhile, CoFTRA recorded that the value of crypto transactions from January to May 2024 reached IDR 260.9 trillion. This figure was obtained by increasing the number of crypto investors by 363,101 with a total of 19.75 million investors.