Pluang Officially Becomes a Fully Licensed Crypto Exchanger from Bappebti

Todaysgist, News – Pluang officially obtained a full license and became one of the first in Indonesia as a Physical Crypto Asset Trader (PFAK). In obtaining this license, Pluang collaborated with PT Bumi Sentosa Cemerlang (BSC).

The certainty that Pluang can sell crypto assets is stated in a letter numbered 02/BAPPEBTI/PFAK/08/2024 from the Commodity Futures Trading Supervisory Agency (Bappebti) on August 1, 2024.

The acquisition of this license is part of the implementation of the rules stipulated in Bappebti Regulation Number 13 of 2022 concerning amendments to Bappebti Regulation Number 8 of 2021 concerning Guidelines for Organizing Physical Market Trading of Crypto Assets on Futures Exchanges.

Pluang Chief Operating Officer, Stella Lukman expressed her deepest appreciation to Bappebti and all its staff, the crypto asset trading ecosystem and associations for their support and guidance so far.

“The fulfillment of this obligation is a form of Pluang’s compliance with applicable regulations as a leading investment platform that is always committed and its actions to improve security and consumer trust through the creation of a solid and sustainable crypto ecosystem,” he said, in a written statement, Monday (19/8/2024).

The existence of this PFAK license is a form of protection for crypto investors by providing a guarantee that crypto asset trading on our platform is official and meets the licensing requirements of Bappebti.

“This license also provides legal protection for PT BSC under the auspices of Bappebti as the current crypto asset regulator in carrying out daily operational activities legally,” he said.