BINANCE SUBSIDIARY TOKOCRYPTO SECURES FULL LICENSE IN INDONESIA

Last updated: June 19, 2025, 20:42 | Written by: Naval Ravikant

Binance Subsidiary Tokocrypto Secures Full License In Indonesia
Binance Subsidiary Tokocrypto Secures Full License In Indonesia

The Indonesian cryptocurrency landscape just took a significant leap forward. Binance initially invested in Tokocrypto in 2025, before increasing its stake in 2025, eventually turning Tokocrypto into its subsidiary. This financial and operational support from Binance has helped Tokocrypto secure its place as a key player in Indonesia s crypto ecosystem. Download the Satoshi app to get more free airdropsTokocrypto, a prominent crypto exchange and a crucial part of the Binance ecosystem, has officially been granted a full Physical Crypto Asset Trader (PFAK) license by Indonesia's Commodity Futures Trading Regulatory Agency, also known as Bappebti.This landmark achievement not only solidifies Tokocrypto's position as a leading player in the Indonesian market but also signals a maturing regulatory environment for digital assets in the region.For crypto enthusiasts and investors alike, this news carries weight, indicating a growing acceptance and regulation of cryptocurrency within Southeast Asia’s largest economy.This license isn't just a piece of paper; it's a testament to Tokocrypto's commitment to compliance, transparency, and ultimately, investor trust. Indonesian trade Tokocrypto obtained a full license below the nation s Commodity Futures Buying and selling Regulatory Company, also referred to Binance subsidiary Tokocrypto secures full license in Indonesia - HoliLendiaIt signifies a green light for expanded operations, increased user confidence, and further innovation within the Indonesian crypto space.But what does this license *really* mean for Tokocrypto and the broader Indonesian crypto market? Tokocrypto, a Binance affiliate, has secured a license from Indonesia s regulator, allowing it to operate as a licensed crypto asset trader. Tokocrypto (TKO), a Binance-owned cryptocurrency exchange in Indonesia, has secured a physical crypto asset trader license from the Commodity Futures TradingLet's dive in and explore the details.

Tokocrypto's PFAK License: A Game Changer

Securing a Physical Crypto Asset Trader (PFAK) license from Bappebti is no small feat.It represents a rigorous process of regulatory scrutiny and adherence to strict guidelines.This license essentially authorizes Tokocrypto to operate fully as a regulated crypto asset trader within Indonesia.After initially registered as a Prospective Physical Crypto Asset Trader (CPFAK) in 2025, this full licence is a significant milestone for the exchange.

What Does the PFAK License Entail?

The PFAK license allows Tokocrypto to legally offer a comprehensive range of crypto trading services to Indonesian users.This includes:

  • Custody of crypto assets: Ensuring the safe and secure storage of users' digital holdings.
  • Facilitating crypto trading: Providing a platform for buying and selling various cryptocurrencies.
  • Operating as a legal and compliant exchange: Adhering to all relevant Indonesian laws and regulations.
  • Enabling fiat-to-crypto onramps and offramps: Allowing users to easily convert Indonesian Rupiah (IDR) into cryptocurrencies and vice versa.

Tokocrypto is now only the third exchange in Indonesia to hold this prestigious PFAK license, putting it in an elite category of regulated crypto platforms.The PFAK license also serves as a major boost to investor confidence.Knowing that Tokocrypto operates under the watchful eye of Bappebti provides a level of security and trust that is crucial for attracting both new and experienced crypto users.

Binance's Role in Tokocrypto's Success

The influence of Binance, one of the world's leading cryptocurrency exchanges, cannot be overstated in Tokocrypto's journey. Binance subsidiary Tokocrypto secures full license in Indonesia binance4ever. Binance described Tokocrypto as its subsidiary, suggesting that it may have a controlling stake in the Indonesian trading platform.Binance initially invested in Tokocrypto in 2020, before increasing its stake in 2022, eventually turning Tokocrypto into its subsidiary.Binance's financial and operational support has been instrumental in Tokocrypto's growth and its ability to navigate the complex regulatory landscape of Indonesia. Tokocrypto, a Binance backed, secures a full PFAK license from Indonesia s Bappebti, solidifying its position as the leading crypto exchange in the counThe investment from Binance validates the potential of Indonesia's blockchain ecosystem and signals a strong commitment to the local market.

How Binance's Support Benefits Tokocrypto

Binance's backing provides Tokocrypto with several key advantages:

  • Financial resources: Enabling Tokocrypto to invest in infrastructure, technology, and talent acquisition.
  • Technical expertise: Leveraging Binance's vast experience in building and operating a global crypto exchange.
  • Regulatory guidance: Benefiting from Binance's global compliance knowledge and best practices.
  • Brand recognition: Gaining credibility and trust through association with a well-established brand.

Binance's CEO, Richard Teng, affirmed the exchange's ongoing commitment to supporting Tokocrypto and the Indonesian crypto market. Tokocrypto, a part of the Binance group, has secured a Physical Crypto Asset Trader (PFAK) license from Indonesia s Commodity Futures Trading Regulatory Agency (Bappebti), highlighting its commitment to regulatory compliance and fostering investor trust.This continued support ensures that Tokocrypto can further expand its services, innovate its platform, and contribute to the growth of the Indonesian crypto ecosystem.

The Impact on the Indonesian Crypto Market

Tokocrypto securing the PFAK license has broader implications for the entire Indonesian crypto market.It fosters a more regulated and transparent environment, which is essential for attracting institutional investors and mainstream adoption.The regulatory clarity provided by Bappebti encourages innovation and growth within the industry.With the PFAK license in hand, Tokocrypto is now even better positioned to capture a larger share of the Indonesian crypto market. Tokocrypto Secures PFAK License from Indonesian Authorities. Full Licensing Achievement: Tokocrypto, a Binance subsidiary, has obtained a full license as a Physical Crypto Asset Trader (PFAK) from Indonesia s Commodity Futures Trading Regulatory Agency (Bappebti). This licensing positions Tokocrypto among the top cryptocurrency exchanges inIts user base has already exceeded 4.5 million, and the exchange has seen a 138% increase in monthly trading volume, indicating growing investor interest.

Key Benefits for Indonesian Crypto Users

The PFAK license ultimately benefits Indonesian crypto users in several ways:

  • Increased security: Enhanced protection of their funds and assets.
  • Greater transparency: Clearer and more accountable trading practices.
  • Wider range of services: Access to a broader selection of cryptocurrencies and trading options.
  • Enhanced trust: Confidence in the platform's regulatory compliance and stability.

Moreover, with Tokocrypto operating as a fully licensed entity, it becomes easier for other businesses and institutions to engage with the crypto market in Indonesia, potentially leading to further innovation and economic growth.

Addressing Common Concerns and Questions

With any major regulatory development, there are often questions and concerns that arise. 🚀🇮🇩 Binance subsidiary Tokocrypto secures full Physical Crypto Asset Trader (PFAK) license in Indonesia, becoming the largest crypto exchange in the country with a 43% market share!Let's address some of the most common ones related to Tokocrypto's PFAK license.

Is my crypto safe on Tokocrypto?

With the PFAK license, Tokocrypto is subject to strict security and custody requirements mandated by Bappebti. Indonesian exchange Tokocrypto has received a full license under the country s Commodity Futures Trading Regulatory Agency, also known as Bappebti. On Sept. 9, Tokocrypto announced thatThis includes measures to protect users' funds and ensure the integrity of the platform. (Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Binance s subsidiary in Indonesia, Tokocrypto, has acquired the key crypto asset trader license in the country. Tokocrypto obtained the license from the Commidity Futures Trading Regulatory Agency (Bappebti). Binance CEO Richard Teng says the exchange will continue to support the Indonesia-basedWhile no platform is completely immune to security risks, Tokocrypto's compliance with these regulations significantly reduces the likelihood of any incidents.

What happens if Tokocrypto goes bankrupt?

One of the requirements of the PFAK license is that Tokocrypto must maintain sufficient capital reserves to cover potential liabilities.Additionally, Bappebti has regulations in place to protect user funds in the event of a platform failure. Binance subsidiary Tokocrypto announced that it has obtained a physical crypto asset dealer license issued by Indonesia's Commodity Futures Trading Regulatory Authority, becoming the third exchange in Indonesia to obtain a PFAK license. Tokocrypto's user base has exceeded 4.5 Wu Blockchain (@WuBlockchain) SeptemThese regulations aim to ensure that users receive their assets back, even in the unlikely event of Tokocrypto's bankruptcy.

How does this affect the fees I pay on Tokocrypto?

While the PFAK license does not directly dictate the fees that Tokocrypto charges, it does promote a more transparent and competitive environment. Binance subsidiary Tokocrypto, an Indonesian cryptocurrency exchange, has obtained a full license as a Physical Crypto Asset Trader (PFAK) from the country's Commodity Futures TradingAs Tokocrypto strives to attract and retain users, it is likely to offer competitive fees and services.It's always a good idea to compare the fees and features of different exchanges before making a decision.

The Future of Crypto Regulation in Indonesia

Tokocrypto obtaining the PFAK license is a positive signal regarding the future of crypto regulation in Indonesia. Binance s Tokocrypto gets authorization for full operation With the PFAK license, Tokocrypto is now authorized to operate as a physical crypto asset trader in Indonesia, five years after being initially registered as a Prospective Physical Crypto Asset Trader (CPFAK) in 2025.It shows that the Indonesian government is taking a pragmatic approach to regulating the industry, balancing the need for innovation with the need to protect investors.This regulatory framework provides a foundation for further growth and development of the Indonesian crypto market.The recent increase in activity within the crypto regulatory division after the market downturn is encouraging. Tokocrypto, a leading cryptocurrency exchange and a part of the Binance group, has obtained a full licence as a Physical Crypto Asset Trader from Indonesia s Commodity Futures Trading Regulatory Agency.This suggests a proactive approach to shaping the regulatory landscape and fostering a sustainable crypto ecosystem.

What to Expect in the Coming Years

Looking ahead, we can expect to see the following developments in the Indonesian crypto market:

  • More regulatory clarity: Further refinement of the regulatory framework to address emerging issues and challenges.
  • Increased institutional adoption: Greater participation from institutional investors as regulatory certainty grows.
  • Innovation in crypto products and services: Development of new and innovative crypto applications tailored to the Indonesian market.
  • Greater public awareness: Increased education and awareness campaigns to promote responsible crypto investing.

Tokocrypto, with its PFAK license and the backing of Binance, is well-positioned to play a leading role in shaping the future of the Indonesian crypto market.

Conclusion: A New Era for Crypto in Indonesia

The granting of a full Physical Crypto Asset Trader (PFAK) license to Tokocrypto by Indonesia's Bappebti marks a significant milestone for the Indonesian crypto market.As a Binance subsidiary, Tokocrypto is now authorized to fully operate as a regulated crypto asset trader, providing Indonesian users with a secure, transparent, and reliable platform for buying, selling, and storing cryptocurrencies.This achievement reinforces Tokocrypto’s commitment to regulatory compliance and bolsters investor confidence in the Indonesian crypto landscape. Binance subsidiary Tokocrypto announced that it has obtained a physical crypto asset dealer license issued by Indonesia's Commodity Futures Trading Regulatory Authority, becoming the third exchange in Indonesia to obtain a PFAK license.The increased security, transparency, and wider range of services that come with this license will undoubtedly benefit Indonesian crypto users. We are thrilled to announce that Tokocrypto, a part of the Binance group, has secured a Physical Crypto Asset Trader (PFAK) license from Indonesia s Bappebti. This milestone highlights our commitment to regulatory compliance and investor trust.This, combined with the ongoing support from Binance, solidifies Tokocrypto's position as a key player in driving the growth and innovation of the Indonesian crypto market, paving the way for a brighter and more regulated future for digital assets in Indonesia. Pang Xue Kai, Co-Founder and CEO of Tokocrypto said, This investment in Tokocrypto serves to validate Indonesia s promising blockchain ecosystem, showcasing the confidence from a leading global player. The investment from Binance will help establish Tokocrypto s leading services in the Indonesian market and accelerate our vision inAs one of only three exchanges in the country to hold this prestigious license, Tokocrypto is leading the charge in creating a more mature and trustworthy crypto ecosystem in Indonesia.Now is a great time to explore the platform and see what it has to offer!

Naval Ravikant can be reached at [email protected].

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