As of November 2023, there are reported to be ๐.๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ ๐ข๐ง ๐๐ง๐๐จ๐ง๐๐ฌ๐ข๐, ๐ฐ๐ข๐ญ๐ก ๐ญ๐ซ๐๐ง๐ฌ๐๐๐ญ๐ข๐จ๐ง ๐ฏ๐๐ฅ๐ฎ๐๐ฌ ๐ซ๐๐๐๐ก๐ข๐ง๐ $๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ซ๐จ๐ฆ ๐๐๐ง๐ฎ๐๐ซ๐ฒ ๐ญ๐จ ๐๐๐ญ๐จ๐๐๐ซ ๐๐๐๐ ๐๐ซ๐จ๐ง๐ญ! as disclosed by
@infobappebti. This sets the stage for a groundbreaking year for crypto investments in Indonesia in 2024.
Experts observe a positive climate, ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฅ๐จ๐ฐ-๐ญ๐๐ฑ ๐๐จ๐ซ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ฌ๐ฌ๐๐ญ๐ฌ ๐๐ง๐ ๐จ๐ญ๐ก๐๐ซ ๐จ๐ง๐ ๐จ๐ข๐ง๐ ๐ ๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ๐๐ฅ ๐ฉ๐ฅ๐๐ง๐ฌ aimed at regulating blockchain-related businesses. BAPPEBTI, or the Commodity Futures Trading Regulatory Agency, is diligently working to ensure that all crypto-related projects benefit their stakeholders and contribute to the nation at large.
$CREO is already ahead in meeting compliance requirements. In June 2023,
$CREO earned its place among the 501 ๐ฅ๐๐ ๐๐ฅ๐ฅ๐ฒ ๐ญ๐ซ๐๐๐๐๐ฅ๐ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐ฌ๐ฌ๐๐ญ๐ฌ ๐ข๐ง ๐๐ง๐๐จ๐ง๐๐ฌ๐ข๐, as stated in the officially released PerBa or Peraturan BAPPEBTI No.04-2023.
To be listed,
$CREO had to meet stringent qualifications set by BAPPEBTI, including maintaining a secure code of conduct, complying with jurisdictional laws, and possessing sufficient liquidity. Additionally,
$CREO needed to demonstrate good adaptability, transparency, popularity, and solid collaboration with ongoing projectsโall clearly outlined in our White Paper.
$CREO is also a proud member of the ๐๐ฌ๐จ๐ฌ๐ข๐๐ฌ๐ข ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐ง๐๐จ๐ง๐๐ฌ๐ข๐ (๐๐๐), ๐ ๐ค๐๐ฒ player in mapping the blockchain industry in Indonesia in alignment with Kominfo, the Ministry of Communications and Information Technology, to ensure transparency and legitimacy.
*๐๐ก๐๐ญโ๐ฌ ๐๐๐ฑ๐ญ ๐๐จ๐ซ $๐๐๐๐ ๐ข๐ง ๐๐ง๐๐จ๐ง๐๐ฌ๐ข๐๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ?*
Based on QI 2023 data by
@CoinmarketCap, there is a significant trading volume gap between CEXs and DEXs, with CEXs reaching US$1,67 Trillion ahead of DEXs at around US$190 million. This comparison shows that CEXs are more favorable for Indonesian traders, ๐ฐ๐ข๐ญ๐ก ๐จ๐ฏ๐๐ซ ๐๐% ๐ฆ๐จ๐ซ๐ ๐ฎ๐ฌ๐๐ซ๐ฌ/๐ฏ๐จ๐ฅ๐ฎ๐ฆ๐๐ฌ compared to DEXs.
The emergence of CEXs as a better-regulated platform is emphasized with the launch of ๐๐ฎ๐ซ๐ฌ๐ ๐๐ซ๐ข๐ฉ๐ญ๐จ ๐ข๐ง ๐๐ฎ๐ฅ๐ฒ ๐๐๐๐, which serves as a centralized CEXs platform to organize and facilitate all crypto asset transactions in Indonesia, aiming for more effective and transparent trade through legitimate mechanisms.
Currently, there are 30 Exchanges listed under Bursa Kripto, including major CEXs like
@Tokocrypto, ๐๐ง๐๐จ๐๐๐ฑ ๐๐ง๐ ๐๐๐ค๐ฎ. With the legal license
$CREO pocketed in June 2023, there are no obstacles for
$CREO entrance to ๐๐ง๐๐จ๐ง๐๐ฌ๐ข๐โ๐ฌ ๐๐๐.
Stay tuned for more updates, thank you for all the support you have showed so far.