Indonesia plans to set up a cryptocurrency trading platform and then transfer oversight of such assets from the Commodity Futures Trading Authority to the Financial Services Authority, Bloomberg reported. Crypto assets in Indonesia are currently traded alongside commodity contracts under the supervision of the commodity futures trading regulator, known as Bappebti. The FSA will assume custody of the assets over the next two years, when the exchange is established. The Indonesian government has always expressed its support for encrypted assets. The Bank of Indonesia has issued a white paper planning the development of its digital currency, and a recently passed law recognizes encrypted currencies and digital assets as regulated financial securities.