Global Crypto Exchange Coinstore.com Signs MoU to Promote AHP Assessment for Listing BAPPEBTI.
SINGAPORE, 31 October 2022 /PRNewswire/ — After being a bridge between Indonesia and foreign businesses in trade and investment, the KADIN Bandung Digital Asset Committee will provide assistance to crypto-asset companies this time, with the aim of creating a healthy and safer crypto ecosystem in Indonesia while actively facilitating their reach in the global market. Activities include raising public awareness regarding the regulation of cryptoassets i Indonesia and educate the public on the importance of meeting the criteria of the Analytical Hierarchy Process (AHP) in order to trade legally in the country. In addition, there will be opportunities for project owners to gain basic insight into the processes to put their project in the international spotlight.
On 18 October 2022Bandung City Chamber of Commerce and Industry (KADIN) partnered with Global Crypto Exchange Coinstore.com to hold a MU signing ceremony in Indonesia. This event was attended by more than 100 local and foreign crypto-asset companies and had received the support of several local authorities, such as the Chairman of the Indonesia People’s Consultative Assembly Bambang Soesatyo and Dr. Jerry Sambuaga, the Deputy Minister of Trade. The Minister of Tourism and Creative Economy, Sandiaga Uno, had also attended the ceremony virtually and was the keynote speaker for both the Cryptalk event and the MoU ceremony. “Hopefully in the future, this MoU will mark the beginning of cooperation between the two parties going forward.” said Pak M. Shobirin, who is the deputy chairman of KADIN Bandung. “Coinstore.com will be our strategic and supportive partner for the development of opportunities related to crypto business and digital assets in Indonesia.” Chairman of the Digital Assets Committee and initiator of this collaboration commented: “With this collaboration, the possibilities of Indonesian crypto-assets being accepted by the global market will only increase.“
Initiated by the KADIN Digital Asset Committee, the event ‘Cryptalk’ prioritizes educating Indonesia on the importance of standardizing digital assets for a healthier crypto ecosystem. Due to the strict criteria of BAPPEBTI to legalize token licensing, the event took the opportunity to explain the regulations and methods of crypto asset valuation, commonly known as AHP. Currently, there are 383 cryptoassets that have already gone through the AHP test and passed, giving them legal access to trading Indonesia.
Cryptalk 2022 was officially opened by the Chairman of the Board of MPR RI Bambang Soesatyo and Deputy Chairman of Trade, Dr. Jerry Sambuaga on 18 October 2022 while TEI 2022 was opened by President Jokowi the following day. Cryptalk is a form of implementation of memorandum of understanding between KADIN Bandung and Global Exchange, CoinStore.com. Appreciating the implementation of Cryptalk 2022, Bambang Bamsoet commented: “Through this memorandum of understanding, KADIN Bandung and Coinstore.com have committed to work together to improve the quality of the crypto ecosystem in Indonesia. Coinstore.com’s with its presence in 160 countries and 200 employees worldwide, will take on the role of a mentor, acting as a bridge between domestic crypto companies to penetrate the international crypto market.”
About Coinstore.com
Founded in 2020 by well-experienced Fintech professionals from some of the most well-known crypto exchanges, Coinstore.com has gathered over 180 employees worldwide, serving more than 1.5 million registered users in 175 countries. Coinstore.com provides global users with fast, smooth and secure cryptocurrency trading services, derivatives business, OTC services and NFT services.
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SOURCE Coinstore.com
