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Crypto assets are digital currencies that utilize cryptographic technology to ensure transaction security without the need for a central authority like a bank. Since the emergence of Bitcoin in 2009 by Satoshi Nakamoto, the financial world has shifted toward a decentralized system. All transactions are recorded on a blockchain, a transparent and immutable digital ledger, creating a system built on trust in code rather than third parties.
In Indonesia, crypto is classified as a commodity that can be traded on futures exchanges under the supervision of Bappeb