The Indonesian government mandated that all crypto transactions can only be done through this exchange.
I hope this doesn't happen, and not forcing available exchanges to join their scheme. Because as far as I know, when the government has entered any exchange, they will organize the price. So when the price goes up and down significantly, they will cut and close the pair. They will make the exchange like the stock. so, if happen, we don't see the reality again like we did trade like spot exchange before.
The government tries various ways to make crypto can be controlled by 1 hand. Not pure again to basic economics, supply, and demand.
(please don't move it again this thread on the local board, this is not about local news)