Coin Bureau|Jun 25, 2026 12:32
🚨INDONESIA WILL NOW REQUIRE CRYPTO INFLUENCERS TO GET CERTIFIED OR FACE $835K FINES
Indonesia's FSA will require influencers to hold competency certifications before recommending any crypto asset.
Firms face fines up to 15 BILLION rupiah ($835K) for what their influencers post.
The country has over 21 MILLION crypto investors, more than its entire stock market, with 80% under 34 and heavily reliant on social media for investment advice.
Indonesians have lost over $474 MILLION to online financial scams in the past year alone, with the country recording the HIGHEST number of scam reports in the world.(Coin Bureau)
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