The meeting with ICCA ran with great enthusiasm, as it was dominated by the younger generation. I invited the ICCA to discuss protection for crypto consumers
Jakarta (ANTARA) - Trade Minister Zulkifli Hasan and the Indonesia Crypto Consumer Association (ICCA) agreed on the need to support the protection of crypto consumers in order to facilitate healthy growth of the industry in the country.

"The meeting with ICCA ran with great enthusiasm, as it was dominated by the younger generation. I invited the ICCA to discuss protection for crypto consumers," Hasan noted on Friday.

He spoke of the Trade Ministry's plan to cooperate with relevant ministries and institutions to boost crypto trading literacy in Indonesia.

The Trade Ministry is a government institution closely related with the crypto asset industry. In Indonesia, crypto is officially recognized as an asset, so the entire industry and its regulations are directly controlled or supervised by the ministry.

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The crypto industry in Indonesia, which is closely linked to the macroeconomy, has been influenced by the government and the policies taken.

Hence, this condition has encouraged ICCA to continue to support and collaborate with the government to develop the crypto industry and the Indonesian economy in future.

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ICCA Chairman Rob Raffael Kardinal highlighted the urgency of monitoring and protecting crypto consumers in order to create a safe and healthy crypto ecosystem.

"As an industry that until now has more than 15 million users in Indonesia, of course, the protection of these consumers is a crucial step that we will continue to push in order to create a healthy and safe industry for the players," Kardinal affirmed.

"We certainly laud and support the various initiatives taken by the Trade Ministry in supporting the growth of the Indonesian crypto industry. Hence, we are ready to continue to discuss and support the government in developing the crypto asset industry in Indonesia," ICCA Chairman explained.


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Translator: Arnidhya Z, Kenzu T
Editor: Fardah Assegaf
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