The Indonesian Commodity Futures Trading Regulatory Agency (Bappebti) issued the document "Bappebti Establishes an Exchange, Clearing House, and Encrypted Asset Storage Management Agency". On July 17, Bappebti approved the establishment of PT Bursa Komoditi Nusantara as an encrypted asset futures exchange, and approved PT Kliring Berjangka Indonesia to become a futures clearing house for the guarantee and settlement of encrypted asset physical market transactions. On July 20, Bappebti approved PT Tennet Depository Indonesia as a crypto asset depository manager. Foresight News previously reported that on July 14, Tempo reported that Indonesia’s commodity futures trading regulator (Bappebti) said it would launch a cryptocurrency exchange in July 2023.