Tokoin: Redefining Crypto Trading in Indonesia with Official BAPPEBTI Verification

Tokoin Official
3 min readJul 6, 2023

Great news for all cryptocurrency enthusiasts in Indonesia! The Indonesian government has recently introduced policies to support the growth of cryptocurrencies and create a safe and secure blockchain ecosystem within the country. As part of these efforts, the government agency responsible for financial technology, BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi), has released a list of the latest legal crypto assets, and we are thrilled to announce that Tokoin has officially been included. This recognition from BAPPEBTI marks a significant milestone in strengthening the regulatory framework and ensuring consumer protection in the Indonesian crypto market.

Tokoin: Paving the Way for Safe and Secure Crypto Trading

Tokoin, a well-known cryptocurrency token among Indonesians, is dedicated to advancing the blockchain industry in our country. Our primary goal is to develop products that can be widely adopted by cryptocurrency enthusiasts. In line with this vision, we have recently introduced T-Voucher, an innovative product that enables the use of cryptocurrencies in everyday transactions at popular merchants such as Starbucks and Gojek. Additionally, we offer various decentralized finance solutions, including Staking, Farming, Games, Bridge, and transparent transaction history, all accessible through our user-friendly website, Tokoin.io.

Achieving Recognition: Tokoin Among the 501 Legal Crypto Assets in Indonesia

Being listed among the 501 legal crypto assets in Indonesia reaffirms our commitment to further developing the blockchain industry in our country. It serves as a testament to our adherence to the highest security standards and our continuous efforts to forge strategic partnerships that enhance our utilities and expand our reach within the Indonesian market. Accessing Tokoin is made convenient through widely-used platforms.

BAPPEBTI: Ensuring Safety and Protection in the Crypto Market

To ensure the safety and protection of the public engaged in crypto asset trading, adjustments have been made to the list of crypto assets traded on the physical crypto asset market. Bappebti, the regulatory agency responsible for these matters, conducts regular reviews of crypto asset innovations in the market. Each year, they assess the legality and suitability of crypto assets available on exchanges or platforms in Indonesia, ensuring compliance with regulations and maintaining a secure trading environment.

Streamlining the Evaluation Process: The Crypto Asset List Assessment Team

The assessment process of crypto asset proposals is carried out by the Crypto Asset List Assessment Team, consisting of representatives from BAPPEBTI, associations, and business actors. This collaborative effort facilitates faster and more accurate evaluations, ensuring that the listed crypto assets meet the necessary legal requirements and provide a secure trading environment for investors.

Tokoin’s Commitment: Enhancing Utility in Indonesia

We are proud to announce that Tokoin has successfully met the requirements to be one of the 501 legally tradable crypto assets in Indonesia, in accordance with the latest regulations issued by BAPPEBTI. This achievement reinforces the trust placed in Tokoin by the Indonesian government. We remain committed to continuously improving our utility in Indonesia and creating a robust and user-friendly blockchain ecosystem. With the support of our existing projects like T-Voucher, T-Wallet, and T-Fi, we aim to provide the best services and contribute to the growth of the blockchain industry in Indonesia.

Building a Thriving Blockchain Ecosystem: The Future of Tokoin in Indonesia

With our inclusion among the 501 legal crypto assets in Indonesia, Tokoin remains dedicated to advancing the blockchain industry within our country. We are excited to be recognized as one of the chosen few and look forward to presenting more innovative projects, particularly in Indonesia, in the future. Together, let’s shape a thriving blockchain ecosystem in Indonesia and continue to provide exceptional services and utilities for the Indonesian people.

For further information or just to say a friendly ‘Hello’, do not hesitate to reach out to us on:

--

--

Tokoin Official

Accelerating Growth of Micro, Small, and Medium Enterprises in Emerging Markets using Blockchain technologies ; Check us out on: www.tokoin.io