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Thursday, November 27, 2025

Indonesia Vice Minister of Trade Dr Jerry Sambuaga's Visit to Singapore: Custodian Is Important in Crypto Trading

Deputy Minister of Trade of Indonesia Dr Jerry Sambuaga was the Guest Of Honor for TRESCON World Blockchain Summit which took place in Marina Bay Sand Expo, Singapore, facilitated by Asia Blockchain Association
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Singapore, Singapore--(Newsfile Corp. - July 30, 2022) - Vice Minister Of Trade of Indonesia, Dr. Jerry Sambuaga met his colleague Singapore's Minister of State for Ministry of Trade and Industry and Culture, Community and Youth (MCCY) - also a member of Board Of Directors of the Monetary Authority of Singapore - Mr Alvin Tan, on his visit to Singapore on 15-18 July 2022. On this visit, Mr. Jerry was also invited as the Guest of Honor for TRESCON World Blockchain Summit, facilitated by Asia Blockchain Association, which took place in Marina Bay Sand Expo.
Mr Sambuaga and Mr Tan discussed how emerging technologies and industry like Blockchain (Cryptocurrency) could be applied in the two countries. The Trading crypto - the intangible commodity - is their core concern.
In recent years, governments in many countries have been trying to figure out the proper and adequate regulations for crypto, the digital assets known for its decentralised nature. For Mr. Sambuaga, it's critical for governments to have a monitoring and surveillance system for crypto trading. The trading must have a proper custodian structure as well. The...



Read Full Story: https://www.newsfilecorp.com/release/132303/Indonesia-Vice-Minister-of-Trade-...

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