Upbit and ICEx sign strategic MOU to fortify Indonesia's digital asset infrastructure.
Koreaherald •
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Promote with Leviathan NewsIndonesia now has more registered crypto investors (20.19M) than stock market participants (20.13M), and OJK's response was to impose a three-layer exchange/clearing/custody separation mirroring traditional equities — ICEx raised $70M from eleven local exchanges to build exactly that. Dunamu exporting Upbit's matching engine and risk stack to this nationally-licensed consortium means Korea is quietly becoming the infrastructure backbone for Southeast Asia's third-ranked crypto adoption market. If this OJK framework works, expect other ASEAN regulators to copy-paste it.
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