The Indonesia crypto exchange that was to launch by the end of 2022 will now go live in June. Zulkifli Hasan, the Indonesian trade minister, announced it during the opening ceremony for Crypto Literacy Month on February 2 in Jakarta. Hasan noted that the government is reviewing companies to select those that meet the criteria for joining the national exchange.
According to the minister, they targeted the crypto exchange’s launch by December 2022. Even during the NXC International Summit in September 2022, Indonesia’s deputy trade minister, Jerry Sambuaga, reaffirmed that the country still plans to launch its crypto exchange. But the preparation met delays as the government tried to ensure all requirements, procedures, and steps moved as planned.
Upbit, one of South Korea’s largest cryptocurrency exchanges, has been marketing new crypto exchanges in Thailand and Indonesia in their local languages, according to local media. The company has set up a website for each exchange. 
