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Wu says it has learned that blockchain trading and payment company BTSE Group has launched BTSE Indonesia in Jakarta. The platform was co-developed by BTSE and PT Aset Kripto Internasional and will rebrand the latter’s regulated local digital asset trading platform NVX. BTSE Indonesia says it has received approval from the Indonesian Financial Services Authority (OJK) to operate as a regulated digital financial asset trader. Indonesia’s crypto regulation was transferred from the Commodity Futures Trading Regulatory Agency (Bappebti) to OJK in January 2025.