KAKOPX Officially Initiates Indonesia License Application, Aligning with Bappebti Compliance Standards
KAKOPX Exchange recently announced the formal submission of its local operating license application to Indonesian Commodity Futures Trading Regulatory Agency (Bappebti), having completed the first round of key compliance material preparation and submission. This marks a critical step forward in the KAKOPX compliance process within the Indonesian market.
According to Bappebti Regulation No. 9 of 2024, platforms seeking a local operating license must meet stricter standards in risk controls, data localization, tax reporting, and user rights protection. To ensure compliance and efficiency, KAKOPX has engaged a leading Indonesian law firm for legal advisory and application document preparation.
The platform is collaborating with compliance experts to adapt its systems, focusing on tailored A...