BTSE Group Launches Regulated Exchange in Indonesia via Joint Venture

2 hour ago 5 sources positive

BTSE Group has officially launched BTSE Indonesia, a fully regulated digital and crypto asset exchange, through a joint venture with PT Aset Kripto Internasional. The launch follows the rebranding of NVX, an existing Indonesian regulated platform.

Under the partnership, BTSE Group supplies the trading infrastructure, deep liquidity, and technology, while BTSE Indonesia handles user acquisition, marketing, and sales. The exchange is licensed by Indonesia’s Financial Services Authority (OJK) as a Digital Financial Assets and Crypto Assets Trading Operator (Pedagang Aset Keuangan Digital – PAKD).

The license enables collaboration with local banks and payment gateways, offering Indonesian Rupiah (IDR) deposits, withdrawals, and IDR-denominated trading pairs. It also paves the way for future products like futures trading, subject to regulatory guidelines. The platform supports over 200 digital assets with IDR and USDT trading pairs.

“Indonesia has everything it takes to be Asia’s next major crypto hub; the population, the demand, and now the regulatory framework. What it needs now is the right combination of global infrastructure and local expertise. That’s exactly what this joint venture delivers,” said Jeff Mei, COO of BTSE Group. Stephanie Kusnadi, CSO of BTSE Indonesia, added that the venture brings global standards to local users and contributes to the growth of Indonesia’s digital economy.

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