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View all search resultsThe regulation focuses on equipping authorities in the financial sector with sufficient access to regulate and supervise crypto-asset activities to ensure that these do not have a negative impact or affect the integrity and stability of the financial system.
In the last two to three years online shopping has had a significant increase in transactions. The SEA e-Conomy report estimates the highest growth of e-commerce transactions is in Indonesia, which is projected at 22 percent and would reach US$59 billion this year.
A new omnibus bill is poised to pave a way for politicians and lawmakers to tighten their grip on authorities in the financial industry, raising concerns among experts and professionals that it may undermine governance of the sector.
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