Binance-backed Tokocrypto becomes third crypto exchange in Indonesia to secure PFAK license

Oluwapelumi Adejumo

Crypto exchange Binance said its subsidiary Tokocrypto has secured a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), according to a Sept. 9 statement shared with CryptoSlate. This development positions Tokocrypto as the third exchange in Indonesia to receive the PFAK license. The country currently has 35 prospective crypto […]

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Binance-backed Tokocrypto becomes third crypto exchange in Indonesia to secure PFAK license