Indonesian financial regulators have taken new actions. According to reports, the country's financial regulatory authority OJK recently officially approved and issued a trading license to ICEx, which means ICEx has become the second officially recognized cryptocurrency trading platform in Indonesia.

This move reflects a gradual opening of attitudes toward the digital asset market among major Southeast Asian economies. As the most populous Muslim-majority country and the largest economy in East Asia, Indonesia has historically taken a relatively cautious approach to crypto industry regulation. Now, with OJK's approval, it indicates that relevant departments have established a relatively complete approval framework and risk management system.

For local crypto practitioners and investors in Indonesia, this is undoubtedly a positive signal. More licensed exchanges mean more choices for users, and market competition will also drive improvements in service quality and security. At the same time, the increase in compliant exchanges creates a more transparent and controllable market environment for the country's financial regulation.