Oscar Darmawan, Chairman of Indodax, has welcomed the presence of this regulation. He refers to the government’s official recognition as an important momentum for the development of the blockchain ecosystem in the country. According to Oscar, it is not just recognition but a reaffirmation that the state is present to support the growth of technology that brings transparency, efficiency, and decentralization in various aspects of life.
He also emphasizes that the main strength of blockchain is not just crypto, but building a trust infrastructure without relying on a central authority. The regulation opens the way for broader exploration—from transparent social assistance distribution to accountable food supply chain systems.
Oscar praises the government’s risk-based approach. He believes that specific risk classification actually helps industry players understand their legal positions from the beginning, without being trapped in lengthy bureaucracy.
“This will reduce entry barriers for innovators and local startups,” explains Oscar. “Many young developers were previously hesitant due to uncertain regulations. Now they have solid legal ground.”
Reference: liputan6.com/crypto/read/6096319/resmi-blockchain-masuk-rencana-strategis-digital-indonesia.