LATEST UPDATES
Circular Letter Number 208/BAPPEBTI/SE/08/2022: Moratorium of the Issuance of Registration Permits for Physical Crypto Assets Traders Candidates
Indonesia’s Commodity Futures Trading Supervisory Agency (“Bappebti”) issued a Circular Letter Number 208/BAPPEBTI/SE/08/2022 concerning Moratorium of the Issuance of Registration Permits for Physical Crypto Assets Traders Candidates (“Circular”). The scope of the Circular is regarding the discontinuation of registration permits as one of licensing forms for Physical Crypto Assets Traders Candidates.
Government Regulation No. 5 of 2021 and Government Regulation No. 6 of 2021: Ease of Doing Business Through Risk-based Business Licensing
One of the major changes that made by the enactment of Law No. 11 of 2020 on Job Creation (known as Omnibus Law) is the ease in business licensing. Therefore, through its implementing regulations, the Government enacted regulations regarding the risk-based business licensing.