While the US crypto industry is shaken by the Securities and Exchange Commission’s (SEC) lawsuits against Binance and Coinbase, other countries are taking action to avoid a similar situation with clear crypto regulations. Meanwhile, a list of 501 altcoin projects that can be traded in Indonesia has been published. Here are the details…
Altcoin comments from Indonesia after SEC
Criticisms of the SEC’s recent actions are based on the fact that if it wins their case, the agency would have greatly restricted Americans’ ability to trade in cryptocurrencies. Major stock markets have already taken a step back. Binance suspends USD deposits and crypto-dollar exchanges. The firm narrowly avoided closing completely by agreeing on a deal to avoid freezing its assets.
Meanwhile, companies like Robinhood, eToro, and Bakkt quickly delisted tokens named in SEC lawsuits. Until a degree of regulatory clarity is achieved, such restrictions are likely to remain in place. Registering a security offering with the SEC is a painstaking undertaking for any business. It is an initiative that few crypto exchanges are ready to undertake. Such a requirement would spell the end of the crypto trading market as we know it. It may force many players to withdraw from the US market.
As Coinbase CEO Brian Armstrong pointed out in a recent interview, the SEC has not offered his company or any other crypto exchange any means by which they can obtain the necessary permission to operate. The SEC is threatening to impose a de facto ban on crypto trading in the US by classifying most cryptocurrencies as securities but providing no means for exchanges to register.
Indonesian regulator approves list of tradable cryptos
Meanwhile, the Indonesian Commodity Futures Trading Regulatory Authority has released a list of 501 cryptocurrencies that it considers trading legal. It is worth noting that all the tokens that the SEC claims to be securities are on the list. The regulator’s move to secure the legality of crypto trading raises Indonesia’s credentials as a crypto-friendly country. It also offers investors assurance that they will not fall victim to market-distorting actions like the SEC’s recent lawsuits. You can find the comprehensive list of Indonesian regulator below:
- Ethereum ETH
- Klaytn KLAY
- Left to the left
- Tezos XTZ
- IOTA MIOTA
- USD Coin USDC
- Polkadot DOT
- The Sandbox SAND
- Bitcoin BTC
- Cosmos ATOM
- 0x Protocol ZRX
- Litecoin LTC
- Cardano ADA
- Chainlink LINK
- Uniswap UNI
- Stellar XLM
- Binance USD BUSD
- XRP XRP
- Tron TRX
- Decentraland MANA
- Enjin Coin ENJ
- UMA
- Polygon MATIC
- Basic Attention Token BAT
- Color
- Qtum QTUM
- Solar SXP
- TrueUSD TUSD
- BNB BNB
- Theta Network
- Synthetix SNX
- Compound COMP
- Cronos CRO
- VeChain VET
- Aurora AOA
- Status SNT
- Cartesi CTSI
- Dogecoin DOGE
- Maker MKR
- Tether USDT
- STORJ STORJ
- Venus XVS
- Zilliqa ZIL
- OMG Network OMG
- HARMONY ONE
- MultiversX EGLD
- ORBS
- iExec RLC RLC
- Algorand ALGO
- EOS EOS
- WazirX WRX
- Wrapped Bitcoin WBTC
- Electroneum ETN
- Avalanche AVAX
- PancakeSwap CAKE
- Quant QNT
- Polymath POLY
- DAI
- Loopring LRC
- Ethereum Classic ETC
- Numeraire NMR
- Bitcoin Cash BCH
- yearn.finance YFI
- NEO
- Origin Protocol OGN
- Kusama KSM
- Waves WAVES
- Stella ALPHA
- Nano XNO
- Golem GLM
- Ravencoin RVN
- Phantom FTM
- CAVA KAVA
- NEM XEM
- BitTorrent BTTOLD
- ICONICX
- Serum SRM
- Pax Dollar USDP
- Kyber Network Crystal v2 KNC
- Bitcoin Diamond BCD
- Ardor ARDR
- Ontology ONT
- JUST JST
- Siacoin SC
- XDC Network XDC
- OCD OCD
- Band Protocol
- PAX Gold PAXG
- Ankr ANKR
- DigiByte DGB
- Ampleforth AMPL
- Orion Protocol ORN
- Bitcoin SV BSV
- Dent
- Request REQ
- LYFE LYFE
- WAX WAXP
- Lisk LSK
- StormX STMX
- Loom Network LOOM
- Metadium META
- COTI COTI
- High Performance Blockchain HPB
- Terra Classic LUNC
- BakeryToken BAKE
- PlayGame PXG
- Balancer HONEY
- Powerledger POWR
- Augur REP
- DFI.Money YFII
- Coin98 C98
- UNUS SED LEO LEO
- Moonriver MOVR
- Unifi Protocol DAO UNFI
- Oasis Network ROSE
- Spell Token
- Verasity VRA
- SUN SUN
- Chia XCH
- YooShi YOOSHI
- BurgerCities
- Enzyme MLN
- Dego Finance
- MOBOX MBOX
- Kadena KDA
- OctoFi OCTO
- Arweave AR
- Bluzelle BLZ
- Ellipsis EPX
- Efinity Token EFI
- Yield Guild Games
- OOKI Protocol OOKI
- Star Atlas ATLAS
- NanoByte Token NBT
- BARLEY BARLEY
- Wrapped NXM WNXM
- Frax Share FXS
- Ethereum Name Service ENS
- Energi NRG
- HEGIC HEGIC
- Merit Circle MC
- Convex Finance CVX
- Highstreet HIGH
- Bitcoin Standard Hashrate Token BTCST
- Frontier FRONT
- Orbit Chain ORC
- Phala Network PHA
- IDK IDK
- Glitch GLCH
- self key
- Beefy Finance BIFI
- VCGamers VCG
- TROY TROY
- RADIUM RAIL
- Litentry LIT
- Render Token RNDR
- Keep3rV1 KP3R
- AURY AURY
- Celer Network CELR
- TrustSwap SWAP
- NULS NULS
- JasmyCoin JASMY
- Efforce WOZX
- Crypto Global United CGU
- ROOK ROOK
- FLUX FLUX
- Tranchess CHESS
- LinkEye LET
- Chainbing CBG
- Ethernet ERN
- ABBC Coin ABBC
- TitanSwap TITAN
- VELO VELO
- VIDYX VIDYX
- King DAG KDAG
- Dock
- Livepeer LPT
- Contentos COS
- PANDO PANDO
- Coinweb CWEB
- Marlin POND
- COMBO COMBO
- IQ
- JOE JOE
- KIN KIN
- Gitcoin GTC
- SuperVerse
- Splintershards Token SPS
- Santos FC Fan Token SANTOS
- Radicle RAD
- Automata Network ATA
- Saffron.Finance SFI
- Bread BRD
- BinaryX BNX
- Alpine F1 Team Fan Token ALPINE
- Travala.com AVA
- Ergo ERG
- Spartan Protocol
- PowerPool CVP
- League of Kingdoms Arena LOKA
- Dusk Network DUSK
- AIOZ Network AIOZ
- Mines of Dalarnia DAR
- Degree Crypto Token DCT
- Carry CRE
- Gas Gas
- Alitas ALT
- DEAPcoin DEP
- BTRIPS BTR
- Attila ATT
- Kunci Coin
- SHILL Token
- Tokenplace TOC
- Yieldly Token
- DGPayment DGP
- Acala Token ACA
- SuperRare
- CLV CLV
- Play It Forward DAO PIF
- Stratis STRAX
- Bitcoin Gold BTG
- aergo aergo
- GXChain GXC
- Pundi X New PUNDIX
- Syscoin SYS
- Rupiah Token IDRT
- aelf ELF
- BORA BORA
- Waltonchain WTC
- STASIS EURO EURS
- Decred DCR
- MediBloc MED
- Arc ARC
- hive
- Metal DAO MTL
- PIVX PIVX
- STEEM
- BitShares BTS
- Gemini Dollar GUSD
- Wing Finance WING
- Nexus NXS
- STP STPT
- Nxt NXT
- v.systems VSYS
- FIRO
- VIDY VIDY
- DATA DTA
- Einsteinium EMC2
- Groestlcoin GRS
- Navcoin NAV
- district0x DNT
- LBRY Credits LBC
- Aragon ANT
- Bytom BTM
- NKN NKN
- DAD DAD
- GoChain GO
- Ambire AdEx ADX
- Hashgard GARD
- Function XFX
- PumaPay PMA
- Tokenomy TEN
- AidCoin AID
- Vertcoin VTC
- Civic CVC
- Hifi Finance
- BTU Protocol BTU
- Cosmo Coin COSM
- Hedera HBAR
- Wanchain WAN
- Toko Token TKO
- DIA DIA
- NEAR Protocol
- Holo HOT
- VeThor Token VTHO
- Gala Gala
- THORChain RUNE
- SushiSwap SUSHI
- Utrust UTK
- Internet Computer ICP
- Chiliz CHZ
- Chromia CHR
- MyNeighbourAlice ALICE
- Theta Fuel TFUEL
- Polkastarter POLS
- Helium HNT
- Stacks STX
- Fetch.ai FET
- Alchemix ALCX
- AAVE AAVE
- dYdX DYDX
- REEF REEF
- TomoChain TOMO
- Axie Infinity AXS
- Bancor BNT
- Audius AUDIO
- Ocean Protocol
- Illuvium ILV
- Celsius CEL
- Conflux CFX
- ForTube FOR
- Keep Network KEEP
- Dvision Network DVI
- Telcoin TEL
- Injective INJ
- Alpaca Finance
- Biconomy
- Pintu Token PTU
- Curve DAO Token CRV
- Aavegotchi GHST
- TerraClassic USD USTC
- Trust Wallet Token TWT
- 1inch Network 1INCH
- eCash XEC
- SCALE SKL
- IOST IOST
- Mina
- Shentu CTK
- Badger DAO Badger
- ThunderCore TT
- Anyswap ANY
- WOO Network WOO
- The Graph GRT
- Filecoin FIL
- IoTex IOTX
- MDXMDX
- Nexo NEXO
- Shiba Inu SHIB
- Alchemy Pay ACH
- Vulcan Forged PYR PYR
- Reserve Rights RSR
- PROM PROM
- Ariva ARV
- TrueFi TRU
- Celo CELO
- WINkLINk WIN
- Perpetual Protocol PERP
- API3 API3
- Cindrum CIND
- Apecoin APE
- Voxes Voxel
- BIDR BIDR
- DaoMaker DAO
- Primer ASTR
- renBTC RENBTC
- AMP
- COKE COKE
- Achain ACT
- Linear Finance
- Harvest Finance Farm
- Smooth Love Potion SLP
- Orchid OXT
- KardiaChain KAI
- Revain REV
- HedgeTrade HEDG
- BarnBridge BOND
- Anchor Protocol ANC
- Mirror Protocol MIR
- XSGD
- Nervos Network CKB
- Virtua TVK
- SafePal SFP
- Main Coin Main
- FlowFLOW
- Alien Worlds TLM
- Immutable IMX
- PlayDapp PLA
- DODO DODO
- Biswap BSW
- IDEX IDEX
- Auto AUTO
- DeXe DEXE
- NUSA NUSA
- STEPN GMT
- Secret SCRT
- Measurable Data Token MDT
- Nexo NEXO
- Lido DAO LDO
- KuCoin Token KCS
- LTO Network LTO
- MANTRA OM
- Huobi Token HT
- MovieBloc MBL
- Tellor TRB
- Mask Network MASK
- Observer OBSR
- Optimism OP
- Moonbeam GLMR
- MARBLEX MBX
- LooksRare LOOKS
- VITE VITE
- Osmosis
- Galxe GAL
- Aptos APT
- Everscale EVER
- Ontology Gas ONG
- Gnosis GNO
- Metacraft MCT
- BitTorrentNew BTT
- Manchester City Fan Token CITY
- Streamer DATA
- SS Lazio Fan Token LAZIO
- Kava Lend HARD
- LeverFi LEVER
- Ignis IGNIS
- EthereumPoW ETHW
- PERL.eco PERL
- Platon LAT
- T-mac DAO TMG
- ONBUFF ONIT
- Terra LUNA
- GMX GMX
- Hiblocks HIBS
- PLC Ultima PLCU
- Krypton DAO KRD
- FC Barcelona Fan Token BAR
- Stargate Finance STG
- Multichain MULTI
- Bonfida FIDA
- Cream Finance
- Adaptor Token ADP
- Threshold T
- IRISnet IRIS
- Beta Finance BETA
- dForce DF
- ETHUP
- Flamingo FLM
- Komodo KMD
- pNetwork PNT
- Bounce Token AUCTION
- Bella Protocol BEL
- FIO Protocol FIO
- QuickSwap
- FC Porto Fan Token PORTO
- Defigram DFG
- ConstitutionDAO PEOPLE
- Mithril MITH
- WEMIX
- UniLend UFT
- BENQI QI
- AC Milan Fan Token ACM
- TokenClub TCT
- ETHDOWN ETHDOWN
- Cortex CTXC
- BNBDOWN
- Paris Saint-Germain Fan Token PSG
- Volt Inu V2 VOLT
- Acropolis ACRO
- Atletico De Madrid Fan Token ATM
- OG Fan Token OG
- Abyss ABYSS
- ADAUP ADAUP
- MATICBULL2021 MATICBULL2021
- VIDT DAO VIDT
- BNBUP BNBUP
- XRPUP
- SOLVE SOLVE
- MATICBEAR MATICBEAR
- New BitSharesNBS
- Adventure Gold AGLD
- DOTUP DOTUP
- DOTDOWN DOTDOWN
- RSK Infrastructure Framework RIF
- Tribe
- Aion AION
- BTCUP
- StaFi FIS
- Voyager Token VGX
- Kommunitas KOM
- Vexanium VEX
- Honest HNST
- Duckie Land MMETA
- SANGKARA MISA MISA
- Hara Token HART
- Mira MIRA
- GICTrade GICT
- Tokoin TOKO
- ASIX+ ASIX+
- AK12 AK12
- Shanum Shan
- Arbitrum ARB
- Rocket Pool RPL
- Sui SUI
- SingularityNET AGIX
- Hashflow HFT
- Flare FLR
- SPACE ID
- Blur
- LiquidityLQTY
- Bitgert BRIE
- ID
- Open Campus EDU
- FLOKI FLOKI
- NEOPIN NPT
- PEPE PEPE
- CreoEngine CREO
- Mashida MSHD
- NEFTiPEDIA NFT
- 499 Kuy Token
- DOOIT DOO
- Twelve Zodiac TWELVE
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