Connect with us

Published

on

Follow Us

Follow Us @

Profile of Hasan Fawzi, New OJK DK to Supervise Crypto for the 2023-2028 Period

Previously, the candidate member of the Board of Commissioners of the Financial Services Authority (DK OJK), Crypto assets, Hasan Fawzi gave an explanation regarding the transfer of crypto supervision from CoFTRA to OJK.

Related to this, according to Hasan, it must be carried out with the spirit and sincere desire to prioritize national interests.

Advertisement

“We have to build strong coordination and cooperation with all relevant institutions,” said Hasan in a fit and proper test with Commission XI DPR RI, Monday (10/7/2023).

Hasan said that there are three institutions that are most important to maintain coordination in the crypto sector, namely Bank Indonesia (BI), then with CoFTRA.

“Coordinating with CoFTRA, especially for the transfer or transition of regulatory authority for crypto assets, I think we have to do it in the spirit so as not to hinder its current development,” Hasan explained.

YOU MAY HAVE MISSED:
Crypto is often said to have no intrinsic value, this is LUNO Indonesia's explanation

Hasan said, this effective transfer will only occur in the next 2 years. In the middle of these 2 years, Hasan hopes that there will still be products issued jointly by OJK and CoFTRA.

Advertisement

“Later, when the transition has been made, OJK will understand the context of the regulatory framework that has been issued and is still on CoFTRA’s side,” concluded Hasan.

As is known, this transition of supervision occurred after the issuance of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (PPSK). This law as a whole changes oversight of crypto assets from Bappebti to OJK.

Advertisement

Profile of Hasan Fawzi, New OJK DK to Supervise Crypto for the 2023-2028 Period

Follow TODAYSGIST on Google News  and receive alerts for the main trending news on cryptocurrency, market trends, upcoming events, predictions, sanctions and lots more!

SHARE POST AND EARN REWARDS:

Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program

FIRST TIME REACTIONS:

Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.

JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >

Advertisement
YOU MAY HAVE MISSED:
Sluggish Sales, Check Out the 10 Best Selling NFTs This Week
#Profile #Hasan #Fawzi #OJK #Supervise #Crypto #Period
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending