Member of the new Financial Services Authority (OJK) Board of Commissioners, Hasan Fawzi who oversees Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets, revealed that he is preparing and will launch a master plan related to the regulation and supervision of crypto assets. In a press conference for the inauguration of members of […]
India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is “expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India […]
Reporting from Cointelegraph (16/2/23), the proposal to use zero-knowledge proofs for digital identities has received approval by the European Union Committee, and may then become part of updated legislation. European Parliament Supports Digital Identity According to the Find Biometrics report (16/2/23), members of the European Parliament committee have supported the EU’s proposed digital identity documents […]
The task of monitoring crypto assets by the Commodity Trading Supervisory Agency (Bappebti) will later be mostly transferred to the Financial Services Aithority (OJK). This is related to the existence of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (PPSK Law). “This transfer is an effort by the government […]