[Indonesia Approves ICEx, Backed by $70 Million, as the Country's Second Official Crypto Exchange] According to Techinasia, Indonesia's financial regulatory authority, the Financial Services Authority (OJK), has granted a license to the International Crypto Exchange (ICEx), allowing it to operate as the country's second official cryptocurrency exchange. Headquartered in Indonesia, ICEx has secured approximately 1 trillion Indonesian rupiah ($70 million) in strategic funding from its shareholders, which include local cryptocurrency businesses and digital asset companies. ICEx will be responsible for market transaction reporting, overseeing market integrity, regulating its members, and coordinating with regulatory authorities. Indonesia currently has two official cryptocurrency exchanges, and OJK stated that this is crucial for building a healthy ecosystem.