229 Crypto Currencies Officially Recognized by Bappepti

Lutfi

229 Crypto Currencies Officially Recognized by Bappepti
229 Crypto Currencies Officially Recognized by Bappepti

Rancakmedia.com – The Commodity Futures Trading Supervisory Agency (Bappebti) has released a law regulating the establishment of the Bitcoin cs crypto currency in Indonesia in 2020.

BAPEPTI Regulation (Perba) No. 7 concerning Determination of the Inventory of Crypto Assets that Can Be Traded on the physical Crypto Asset Market came into effect on December 17 2020, according to the company's official website. This regulation allows the circulation of 229 cryptocurrencies, including Bitcoin.

"With the issuance of Bappebti regulations (Perba), it is hoped that physical trading of crypto assets in Indonesia can provide legal certainty as well as protection for people who transact physical crypto assets in Indonesia," said Head of Bappebti, Sidharta Utama on his official website, Friday, January 22 2021.

Judging from its history, Bappepti's regulations were formed from the government's reaction to the increasingly intensive growth of cryptocurrency as a medium of exchange.

Perba makes it clear that as of now, cryptocurrencies cannot be used as a legally binding medium of exchange for transactions finance.

Cryptocurrency is recognized by limited governments as an investment tool sold on the futures market. Currency trading company crypto licensed by Bappepti provides access to 229 officially recognized cryptocurrencies for crypto asset investors.

Official Crypto Currency Gets Bappepti Permit

Including Bitcoin, here is a list of 229 assets Cryptocurrency Who Have Obtained Bappepti's Permit:

  1. Bitcoin, Ethereum, Tether,
  2. Cosmos, Wrapped bitcoin, Iota, Vechain, Dash, Ehtereum classic, Yearn.finance, Theta, Binance usd, Omg network, Maker, Ontology, Synthetix network token, Uma, Uniswap, Dai, Doge coin, Algorand, True usd, Bittorrent.
  3. Verge, Pax gold, Matic network, Kava, Komodo, Steem, Aelf, Fantom, Horizen, Ardor, Hive, Enigma, V. Systems, Z coin, Wax, Stratis, Ankr, Ark, Syscoin, Power ledger.
  4. Particl, Data, Sirinlabs, Tokenomy, Digitalnote, Abyss token, Cake, Veriblock, Hydro, Viberate, Rupiah token, Vexanium, Global social chain, Ambrosus, Refereum, Crown, Daex, Cryptaur, Spacechain, Expanse.
  5. Compound, 0x, Basic attention token, Kusama, Ok blockchain, Waves, Digibyte, Icon, Qtum, Paxos, standard, Ren protocol, Loopring Ampleforth, Zilliqa, Kyber network, Augur, Lisk, Decred, Bitshares, Bitcoin gold.
  6. Stasis euro, Harmony, Pundi x, Solve.care, Gxchain, Coti, Origin protocol, Xinfin network, Btu protocol, Dad, Orion protocol, Cortex Sandbox, Hash gard, Bora, Waltonchain, Wazirx, Polymath, Request.
  7. Pivx Coti, Fusion, Dent, Airswap, Civic, Metal, Standard token protocol, Mainframe, 12ships, Lambda, Function x, Cred, Ignis, Adex, Moviebloc, Groestlcoin, Factom, Nexus, Lbry credits, Gemini dollar.
  8. Einsteinium, Vidycoin, Nkn, Go chain, Cream finance, Medibloc, Fio protocol, Nxt, Aergo, High performance blockchain, Cartesi, Tenx, Siacoin, Raven coin, Status, Storj, Electroneum (etn), Aurora, Orbs, Loom network.
  9. Storm, Vertcoin, Ttc, Metadium, Pumapay, Nav coin, Dmarket, Spendcoin, Tael, Burst, Gifto, Sentinel protocol, Quantum resistant ledger, Digix gold token, Blocknet, District0x, Propy, Eminer, Ost, Steamdollar.
  10. Sumokoin, Honest, Auroracoin, Vodi x, Smartshare, Exclusive, Cosmo coin, Aidcoin, Adtoken, Play game, Lunacoin, Staker, Klaytn, Flamingo, Wing, Bella protocol, Mil.k,
  11. Bakery token, Lyfe, Ionomy limited. Smart chain solution, Kryptovit, Eutocoin, Quantum, Bankex, Chaincoin, Hara coin, Venus protocol, Alpha finance.
  12. Aragon, Elrond, Enjin coin, Band protocol, Terra, Balancer, Nano, Swipe, Solana, Bitcoin diamond, Dfi.money, Decentraland, Avalanche, Numeraire, Golem, Quant, Bytom, Serum, Iexec rlc, Just.

Conclusion

BAPEPTI Regulation (Perba) No. 7 concerning the Implementation of an Inventory of Crypto Assets that Can Be Traded on the physical Crypto Asset Market came into effect on 17 December 2020.

These rules allow the circulation of 229 cryptocurrencies, including Bitcoin. Bappepti licensed crypto trading company provides access to 229 officially recognized cryptocurrencies for crypto asset investors.

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Lutfi

Hi, let me introduce myself, Lutfi Hulasoh, I am a writer and techno blogger. I started creating a personal blog writing informative articles about the latest trends and developments in technology. My writing covers a wide range of topics, from mobile applications to artificial intelligence, and I can also provide easy-to-understand explanations to help readers understand complex concepts.