A standardised QR code payment system will be developed to connect service providers in different countries, facilitating cashless payments across borders.
The new regulation refines the regulatory sandbox mechanism to add eligibility criteria and to allow testing in crypto asset products.
The guidance comprises six books that aim to standardise climate risk management frameworks at banks and establish uniform scenarios and methodologies.
The agreement will promote the use of INR and IDR in all current account and permissible capital account transactions.
Bappebti is calling on the Ministry of Finance to review Indonesia’s crypto tax regime ahead of the transfer of crypto oversight to the OJK.
The revised taxonomy assigns an amber colour code to projects that help to facilitate low-carbon transition.
With crypto currencies and assets firmly lodged in the public mind, regulators need to lay guardrails to facilitate innovation and combat misbehaviour.
OJK plans measures to increase retail investor participation, boost market liquidity, and introduce new derivatives products.
The exchanges will reconvene in July to finalise the ecosystem’s implementation details, governance framework and operating structure.
The case could force the LME to revisit its rules for listing metals for trading, the London Mining Network and Global Legal Action Network said.
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