Summary
OJK regulator emphasizes focus on consumer protection and education to prevent fraudulent investments in financial technology and digital assets.
Key Points
1. Hasan Fawzi, head of supervision for financial technology at OJK, emphasizes the importance of consumer protection and education in the regulation of digital financial assets and crypto.
2. OJK’s regulatory mechanisms aim to prevent fraudulent investments and promote a safe environment for investors in the crypto space.
3. The regulator’s commitment to consumer protection aligns with their efforts to establish a regulatory sandbox for new crypto assets, providing a framework for innovation while ensuring compliance with regulations.