finfluencer

Indonesia requires crypto influencers to prove credentials before speaking 🇮🇩📜

Indonesia’s OJK has just issued Regulation POJK No. 6. Going forward, influencers who promote cryptocurrencies on social media must first obtain a license before they can speak. They may only promote coins listed on approved exchanges, and their marketing must go through official financial institutions—no more doing things their own way.

Indonesia now has more than 20 million cryptocurrency users, ranking seventh globally. This move follows the steps of the UK, Australia, and South Korea—regulation of global finfluencers is getting tighter. From now on, when you see recommended tokens, at least the other party has to be “proven” 🤔

#Crypto #Indonesia #Regulation #Finfluencer

Singapore issues a “crypto scam” alert, Indonesia targets fintech influencers: Asia’s crypto regulation takes another step forward

Singapore’s MAS has added Hyperliquid to its investor alert list—not a ban, but a reminder: this platform has no license, so if something goes wrong, nobody is there to back it up. Hyperliquid responded: we are an unlicensed infrastructure provider; we didn’t apply for a license in the first place. On-chain trading continues as normal. Meanwhile, Indonesia’s OJK has issued new rules: crypto-finance influencers promoting coins must verify licenses, only promote coins listed on licensed exchanges, and advertisements must go through the company’s official channels. With Singapore focusing on the DeFi front end and Indonesia focusing on social promotion, the net of Asia’s crypto regulation is getting tighter. DYOR 🧐 #MAS #Hyperliquid #FinFluencer #OJK

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Indonesia requires certification for crypto advertising influencers

- The Indonesian financial authority mandates that influencers promoting crypto and digital assets must hold relevant certifications.
- This move aligns with the global trend of regulatory bodies tightening oversight on finfluencers.
- The regulation aims to protect investors and ensure transparency in the advertising of financial products.

#BinanceSquare #CryptoNews #Indonesia #Regulation #Finfluencer

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Source: CoinTelegraph