Irish authorities have recovered another 500 BTC from wallets tied to convicted drug trafficker Clifton Collins. 

The Criminal Assets Bureau said in a Facebook statement that the latest seizure was made with support from Europol’s European Cybercrime Centre.

The latest recovery brings CAB’s total in the Collins case to 1,500 BTC. The bureau said the Bitcoin was identified as proceeds of crime. It marks the third 500 BTC recovery from the same wider wallet cluster this year, after earlier seizures in March and May.

Case traces back to lost private keys

The Collins case became known because the Bitcoin was long believed to be out of reach. The Irish Times reported in 2020 that Collins bought most of the coins in late 2011 and early 2012 using proceeds from cannabis sales. He later split more than 6,000 BTC across 12 wallets, with 500 BTC in each wallet.

According to that report, Collins printed the private keys on paper and hid them in the aluminum cap of a fishing rod case at a rented home in County Galway. The property was later cleared after his arrest, and the fishing gear was believed to have been taken to a dump. The keys were then viewed as lost.

Europol support remains central

Europol has helped Irish investigators in the wallet recovery work. The Irish Times reported in March that CAB accessed the first 500 BTC wallet with support from Europol’s European Cybercrime Centre. Garda Headquarters said at the time that Europol provided “highly complex technical expertise and decryption resources” for the operation.

As previously reported, Irish authorities first accessed a lost Bitcoin wallet tied to Collins in March. That wallet held 500 BTC and was part of the same 6,000 BTC stash. The recovery was notable because the funds had been viewed as locked for years.

Dormant wallets still hold large value

As crypto.news reported in May, the seizure later reached 1,000 BTC after CAB and Europol secured a second 500 BTC wallet. At the time, Arkham said another 500 BTC had moved from the Collins-linked entity after years of inactivity.

The latest move raises the total known recovery to 1,500 BTC. Onchain data from Arkham still tags wallets linked to Collins and shows remaining activity tied to the entity. Lookonchain also said in a July 2 post on X that another 500 BTC had been deposited to Coinbase Prime, while about 4,500 BTC remained in wallets linked to the case.

Recovery keeps case under scrutiny

The Collins case remains one of Ireland’s best-known crypto crime recoveries because the funds were tied to old private-key storage and years of inactivity. Each wallet recovery reduces the amount still considered dormant, but a large balance remains under watch by onchain analysts.

The case also shows how law enforcement agencies are using technical support and blockchain tracking in asset recovery. CAB has not fully explained how investigators gained access to the latest wallet. For now, the confirmed recoveries show that Bitcoin once viewed as lost may still be reachable when agencies combine legal seizures, cybercrime support, and onchain tracing.

The U.S. Securities and Exchange Commission (SEC) is studying a more orderly process for ETF approvals as the agency faces a sharp rise in new product filings. 

Bloomberg ETF analyst Eric Balchunas said in a post on X that SEC Investment Management Division official Brian Daly said the agency receives about 200 ETF applications each month.

Daly made the comments during a Trillions interview with Balchunas and Joel Weber. According to Balchunas, Daly said the SEC “did a bad job with crypto” and wants to rebuild trust through an “orderly process” for novel products, including prediction market ETFs.

Confidential filings under review

Balchunas said in a second post on X that the SEC is also considering confidential ETF filings. The idea would allow some issuers to file products privately before their applications become public. That could protect early ideas and reduce copycat filings.

The SEC raised a similar issue in its public review of novel ETFs. As crypto.news reported, the agency asked whether ETF filings should stay confidential for part of the 75-day review period before becoming public. The agency said this could give applicants more room to develop products without rushing incomplete filings into the market.

Prediction market ETFs remain paused

The review comes while prediction market ETFs remain under SEC scrutiny. As crypto.news reported, the SEC delayed several prediction market ETF proposals while seeking public input on how event-based funds should be regulated. Bitwise, Roundhill Investments, and GraniteShares had filed products tied to elections and other event contracts.

The SEC’s official June 30 request asks for feedback on ETFs that invest in innovative assets or use novel strategies. SEC Chair Paul Atkins said ETF innovation depends on a “consistent, transparent, and efficient regulatory framework.” Daly also said ETF assets grew from $4 trillion in 2019 to more than $12 trillion at the end of 2025.

Crypto ETFs add to the filing wave

The agency’s review also matters for crypto funds. As previously reported, the SEC approved the T. Rowe Price Active Crypto ETF, a multi-asset product that may hold Bitcoin, Ethereum, XRP, Solana, Dogecoin, Shiba Inu, and other assets. That approval showed how crypto products are moving beyond single-asset funds.

Other issuers are also testing the new ETF path. Bitwise filed an S-1 for a spot SUI ETF, while the SEC’s generic listing standards have shortened parts of the approval process for qualifying products. The rising number of applications has made process questions more urgent.

The SEC is also reviewing wider digital asset rules. Previously, crypto.news reported that Atkins backed a limited innovation exemption for tokenized securities. That work sits beside the ETF review as the agency tries to support new products while keeping investor disclosures clear.

For ETF issuers, confidential filings could change how new products reach the market. For investors, the main question is whether the SEC can speed up reviews without weakening oversight. The current review shows the agency is trying to avoid another uneven approval cycle as crypto, tokenization, and prediction markets enter the ETF market.

CACEIS, the custody banking arm of Crédit Agricole, is in exclusive talks to acquire French crypto investment platform Meria, according to a BlockStories report. 

The deal has not been formally announced by either company.

Meria, formerly known as Just Mining, was co-founded by Owen Simonin, known online as Hasheur. The company serves about 150,000 users and manages roughly €350 million in assets under management, according to the report. Its main services include crypto brokerage and staking products.

A bank push into crypto services

CACEIS already has a digital asset business line focused on custody. The company says its crypto services target asset managers, institutional investors, and other clients seeking regulated access to digital assets. Its parent group, Crédit Agricole, is one of France’s largest banking groups.

CACEIS also holds French and European crypto permissions. The AMF’s public record says CACEIS Bank has been authorized to provide crypto-asset services under MiCA through the Article 60 notification route. That allows the group to offer services such as custody, order reception, and transfer of crypto-assets.

Meria adds retail reach and staking

A Meria deal would give CACEIS access to a crypto-native platform with a retail user base and staking expertise. BlockStories reported that staking is one of the activities of interest to CACEIS, as Meria serves both retail and institutional clients in that area.

The reported talks come shortly after Meria received MiCA CASP authorization in France. A market intelligence listing shows Meria SAS as a France-based MiCA Crypto-Asset Service Provider authorized by the AMF on June 22. That timing gives the platform added value as Europe’s new licensing regime takes full effect.

MiCA changes the deal market

The talks reflect a wider shift in Europe’s crypto market. The MiCA transition period ended on July 1, forcing many crypto firms to secure CASP licenses or stop serving users under the old national regimes.

MiCA gives licensed firms a European passport, but it also raises compliance costs. As previously reported, France and other EU markets have seen a divide between firms that secured authorization and those still working through the process. That gap may push banks and larger regulated firms to buy licensed crypto platforms instead of building everything internally.

Banks move closer to regulated crypto

The reported Meria talks also fit a broader pattern of regulated finance moving into digital assets. As crypto.news reported, Coinbase opened its Luxembourg MiCA hub as the EU deadline approached. The exchange used Luxembourg as its base for serving customers across the bloc under one licensing setup.

Other firms have taken similar steps. As reported by crypto.news, Ripple moved closer to full MiCA compliance through Luxembourg CASP approval, while B2C2 secured MiCA approval to expand regulated crypto trading across Europe.

The National Organization of Black Law Enforcement Executives has endorsed the Digital Asset Market Clarity Act, giving the crypto market structure bill its first formal public backing from a major law enforcement group.

Journalist Eleanor Terrett reported the endorsement in a July 2 post on X, citing a letter sent to Senate leaders John Thune and Chuck Schumer.

NOBLE National President Reneé Hall signed the letter. According to Terrett, the group said the bill “contains several provisions” that could give law enforcement new tools while keeping existing criminal authorities in place. The endorsement arrives as Senate talks continue over crime, oversight, and developer protections in the bill.

Endorsement breaks from other groups

NOBLE’s position differs from earlier warnings by several police and prosecutor groups. Four U.S. law enforcement organizations raised concerns that Section 604 may weaken crypto crime investigations. Their concerns centered on the Blockchain Regulatory Certainty Act language inside the CLARITY Act.

Section 604 would protect some non-custodial developers and software providers from automatic money transmitter treatment. Critics argue that the language may make it harder to trace illicit finance in decentralized systems. Supporters say the section protects software builders who do not control user funds and should not be treated like banks or brokers.

DOJ pushback adds to debate

The debate widened after the Department of Justice pushed back on claims that the bill would create broad enforcement gaps. As crypto.news reported, the DOJ challenged law enforcement claims and said criticism of the bill’s crime-fighting language was not accurate.

NOBLE’s letter now gives supporters another argument as they seek Senate votes. The group said the bill does not change federal criminal tools used in money laundering, unlicensed money transmission, conspiracy, sanctions, and other cases. That point directly addresses one of the main objections raised by other law enforcement groups.

Senate clock remains tight

The endorsement comes as the bill faces a narrow window in the Senate. The CLARITY Act’s path depends on a pre-August vote because the chamber has limited floor time before recess. If the bill misses that window, its realistic path could move into 2027.

The bill also needs 60 votes on the Senate floor. As previously reported, the Senate math requires Democratic support because Republicans cannot pass the measure alone. That makes law enforcement concerns important, especially for senators focused on illicit finance, consumer protection, and national security.

Industry keeps pressure on lawmakers

Industry groups are also pressing senators to act. Stand With Crypto urged supporters in a July 2 post on X to call for a vote when the Senate returns from recess on July 13. The group argued that delay could push builders, jobs, and capital outside the U.S.

The CLARITY Act would create a market structure framework for digital assets and define roles for the SEC and CFTC. The bill would classify digital assets, set registration paths, and add compliance rules for crypto firms.

A pseudonymous defendant has asked a New York court to dismiss a lawsuit seeking ownership of 39,069 dormant Bitcoin addresses, arguing that Bitcoin addresses are simply public data and cannot be sued under the state’s jurisdictional rules.

In a motion filed Thursday, the defendant—using the name “John Doe 33”—contends that the plaintiff’s theory of “finding” and claiming abandoned property fails because a Bitcoin address is not a legal person or entity. The filing also challenges the effort to treat on-chain addresses as recoverable under New York lost-property law.

Key takeaways

• The motion argues that Bitcoin addresses are data strings that cannot be the subject of a lawsuit, rather than legal entities that courts can exercise jurisdiction over.
• The plaintiffs’ lost-property claim is framed as legally defective because the addresses were always publicly visible on the blockchain.
• Even if ownership were determined, recovering the Bitcoin would still require access to the corresponding private keys.
• Blockchain-linked reporting cited in the case suggests the defendant may control a long-dormant wallet holding roughly 5,000 BTC.

Why the court fight centers on “addresses” rather than keys

The lawsuit, filed in May by plaintiff “Noah Doe” along with two Wyoming-based LLCs identified as ABC Company and XYZ Company, targets what it describes as abandoned Bitcoin associated with 39,069 dormant addresses. The plaintiffs allege the Bitcoin tied to those addresses is abandoned property, which they reported to the New York Police Department before asserting claims under New York lost-property law.

In the motion to dismiss, John Doe 33 argues the complaint is legally defective for a threshold reason: Bitcoin addresses are not “persons” or legal entities and therefore cannot be sued. The filing further claims that the plaintiffs cannot establish that an address was “found,” as required by lost-property concepts, because the relevant address information has been publicly viewable on the blockchain since the coins were received.

For investors and builders, the procedural dispute matters because it goes beyond a single wallet list. It asks whether traditional legal frameworks for identifying owners and claiming property can map onto the blockchain’s structure—where addresses are public identifiers and control is enforced through private keys rather than through legal status.

The alleged “abandoned” wallets include famous names

The complaint lists 39,069 Bitcoin addresses that include wallets widely associated with well-known Bitcoin labels, such as addresses attributed to Bitcoin creator Satoshi Nakamoto and to the Mt. Gox hacker. The addresses collectively are reported—via an estimate attributed to Sani, founder of Bitcoin analytics platform Timechain Index—to hold roughly 3.7 million BTC, valued at about $234 billion at the time of that estimate.

That scale is a key reason the case has attracted attention. A ruling could influence how courts treat claims that attempt to convert blockchain identifiers into claimable “property” within existing state laws.

At the same time, the filing acknowledges a practical hurdle that remains independent of any jurisdictional debate: even if the court were to rule on ownership of the assets associated with the addresses, the plaintiffs would still need the private keys to move any Bitcoin. Without those keys, the Bitcoin remains inaccessible regardless of how a court characterizes ownership or abandonment.

Defendant says they control a long-dormant wallet

Separate from the legal arguments, the motion’s credibility is bolstered—at least in part—by blockchain data cited in public commentary. According to an X post on Friday by Alex Thorn, head of research at Galaxy Digital, blockchain information suggests John Doe 33 controls a wallet that received 5,000 BTC in April 2014 and has remained untouched for more than 12 years.

Thorn indicated the wallet’s current value is above $300 million at prevailing market prices, and he characterized the defendant as a “real holder” with meaningful standing rather than a bystander who could be targeted without any real ability to defend the claim.

Thorn also wrote that the filing helped avoid what had been described as a “near-certain” default judgment, while simultaneously challenging jurisdictional and statutory defects raised by the plaintiffs’ approach.

Dormancy data underscores why recovery questions persist

Beyond the specific defendants and plaintiffs, the broader question of what happens to lost or inaccessible Bitcoin continues to drive legal scrutiny. Bitbo data cited in the reporting indicates that about 3.5 million BTC, valued around $215 billion, have been dormant for at least 10 years, while another 6.6 million coins—worth roughly $406 billion—have been dormant for over five years.

Those figures highlight a persistent imbalance in how on-chain “time” translates to legal rights. Blockchain dormancy may signal lost control, but it does not automatically yield a mechanism for third parties to access private keys. This case, therefore, tests whether legal systems can bridge the gap between public address records and the cryptographic controls that govern ownership in practice.

For readers tracking regulation and legal precedent in crypto, the important development is not only who named which addresses, but how courts handle the mismatch between legal concepts like “found property” and the blockchain reality that addresses are public labels—while control is determined privately.

As the New York case progresses, the key questions to watch are whether the court agrees that addresses cannot be sued as entities, and—if the case survives procedural challenges—what standard it may apply to abandonment and recoverability when private keys are necessary to access any funds.

Chris Larsen has reportedly backed a derivatives startup founded by the son of US Senator Kirsten Gillibrand as lawmakers continue negotiating the CLARITY Act, a crypto market structure bill expected to shape the industry’s regulatory framework.

According to a Thursday report by Politico, Ripple co-founder and executive chair Chris Larsen was among the investors supporting the American Perpetuals Exchange Corp. (APEC), a derivatives platform founded by Theodore Gillibrand. The report said the company raised roughly $30 million, with most individual investors contributing between $5,000 and $10,000, though Larsen’s exact investment amount was not disclosed.

The reported investment comes while Senator Gillibrand remains involved in Senate negotiations over ethics provisions tied to the Digital Asset Market Clarity (CLARITY) Act. The proposed legislation is expected to affect digital asset companies operating in the United States, including Ripple.

Larsen remains closely watched by the XRP community

Separately, Larsen has remained under close observation by XRP investors because of his large cryptocurrency holdings and past wallet activity. Blockchain data previously showed wallets linked to the Ripple executive becoming active before notable political and market events.

Crypto.news reported in May that Larsen controls an estimated 2.58 billion XRP across eight wallets tracked on XRPScan, making him one of the largest known individual XRP holders. The publication also noted that dormant wallets linked to Larsen resumed activity in January 2025, transferring more than $109 million worth of XRP to exchanges including Coinbase, Bitstamp and Bybit. 

Later, blockchain investigator ZachXBT reported that Larsen-linked addresses moved another 50 million XRP, with roughly $140 million eventually reaching exchanges while XRP traded near record highs.

In the meantime, Democratic lawmakers have continued pressing Republicans to include stronger ethics language in the CLARITY Act, citing President Donald Trump’s connections to the cryptocurrency industry.

The Senate has only a limited window to complete work on the CLARITY Act before lawmakers leave Washington again. Following the Independence Day recess, senators are scheduled to return on July 13 before another month-long state work period begins in August, narrowing the available time to pass the legislation before the US election period is expected to slow congressional activity.

Republican lawmakers, who hold a narrow Senate majority, have indicated they expect the bill to pass the chamber during July. Senator Cynthia Lummis said in June that negotiations were still covering ethics provisions, decentralized finance, and illicit finance issues. Because the legislation requires 60 votes in the Senate, Republican lawmakers will need Democratic support for the measure to advance.

Bitcoin options traders faced another large expiry on July 3, with 31,000 BTC contracts settling at a notional value of about $1.9 billion. 

GreeksLive said in a July 3 update that the batch had a put-call ratio of 0.7 and a maximum pain point of $61,000.

The same update showed 135,000 ETH options expiring with a notional value of about $230 million. Ether’s put-call ratio stood at 1.29, while its maximum pain level was $1,650. The higher put ratio showed stronger demand for downside protection in ETH than in BTC.

Bitcoin reclaims $60K, but risks remain

Bitcoin moved back above the $60,000 level this week, but options data still showed a defensive market. GreeksLive said BTC gamma exposure was concentrated around $60,000, while ETH gamma exposure was centered near $1,700. Those zones may keep short-term price action tied to key strike levels.

In a separate market note, GreeksLive said BTC’s 25-delta skew remained negative across short-term maturities. The firm said puts continued to trade at a premium to calls, with the strongest demand focused on near-term contracts. That suggests traders are hedging immediate downside risk rather than changing long-term expectations.

ETF flows add pressure to sentiment

The cautious options setup follows several weeks of weak spot demand. Bitcoin recently reclaimed $60,000 after softer U.S. macro expectations and easing oil prices helped risk assets recover. However, the same report noted that U.S. spot Bitcoin ETF outflows continued to weigh on the rebound.

Previously, crypto.news reported that Bitcoin struggled to break above $60,000 as options flows and ETF selling kept buyers cautious. The report said U.S. spot Bitcoin ETFs saw nearly $1.79 billion in weekly outflows, their largest withdrawal of 2026.

Earlier expiries showed the same pattern

The July 3 expiry was smaller than last week’s end-of-quarter event, when BTC and ETH faced about $11 billion in expiring options. That larger settlement kept the $60,000 to $62,000 BTC range under close watch as traders tracked hedging flows around major strikes.

As previously reported, another June expiry put the same $60K support zone in focus. GreeksLive said at the time that downside dealer exposure was concentrated near $60,000 to $62,000. The latest data shows that level remains important even after BTC’s mild recovery.

Q3 outlook stays defensive

GreeksLive said in its July 3 post that the crypto market’s Q3 outlook remained weak as attention shifted toward U.S. stocks, artificial intelligence, semiconductors, and tokenized U.S. stock products. The firm also said Bitcoin’s “long-term downtrend has not yet ended,” pointing to selling pressure from large holders and ETFs.

CoinGlass options data also showed total BTC options open interest falling after the large quarterly expiry. Lower open interest can reduce market depth in options, but it does not remove hedging pressure when traders keep paying for puts.

Ethereum price traded near $1,715 on July 3, according to crypto.news price data, after rising more than 6% over 24 hours. 

The move pushed ETH back above the $1,700 area, a level traders have watched closely after weeks of selling pressure.

The rebound came as U.S. spot Ethereum ETFs returned to inflows. On July 2, spot Ethereum ETFs recorded total net inflows of $29.08 million, according to SoSoValue data. BlackRock’s ETHA led the group with $29.74 million in net inflows, while Grayscale’s ETHE recorded outflows of $2.75 million.

The token had already been eyeing a $1,700 breakout after July 1 ETF inflows returned. That earlier shift helped ease pressure around the $1,500 support region, but ETH still needed a stronger move above $1,700 to improve its short-term chart.

The next area to watch is $1,800. A clean move above that level could show that buyers are gaining control after the recent drawdown. Failure to hold $1,700 may return focus to $1,650 and then the lower support region near $1,500.

Ethereum Technical indicators improve

Ethereum’s short-term indicators are showing better momentum. The MACD histogram is positive near 19.33, while the MACD line sits around -49.01 and above the signal line near -68.34. That confirms the recent bullish crossover has gained strength.

The broader signal is not fully bullish yet because both MACD lines remain below the zero line. This means downside pressure has eased, but the token has not confirmed a full trend reversal. Traders usually look for MACD follow-through toward the zero line before calling a stronger recovery.

The RSI also improved. It stood near 51.85, above its moving average near 38.12. This move above 50 shows buyers are starting to regain control after a weak June.

Crypto analyst Ali Charts said the token has printed a monthly TD Sequential buy signal. In his view, the signal suggests seller exhaustion on a higher timeframe. He also said ETH is approaching a long-term support area near $1,100, which he described as the bottom boundary of Ethereum’s multi-year channel.

Ali Charts pointed to $3,000 as a mid-range recovery target if that lower channel holds. He also placed the broader channel ceiling near $5,000. Those levels are long-term technical targets, not short-term price calls.

ETH/BTC setup draws attention

Ethereum’s performance against Bitcoin is also drawing attention. Crypto Rover said an ETH/BTC golden cross is forming, with the 50-week moving average moving toward a cross above the 100-week moving average. He said the last similar signal in 2021 came before ETH outperformed Bitcoin.

That setup matters because ETH has lagged Bitcoin during the broader market decline. A stronger ETH/BTC pair would show that capital is rotating back toward Ethereum rather than only following Bitcoin’s rebound.

Derivatives data also shows rising activity. According to Coinglass data, ETH volume rose 14.48% to $44.74 billion, while open interest increased 10.64% to $24.54 billion. Options volume climbed 30.19% to $1.41 billion, and options open interest rose 6.67% to $4.43 billion.

Rising open interest can support stronger price moves when buyers lead the market. It can also raise liquidation risk if leveraged positions build too quickly. For that reason, the current derivatives setup points to more volatility rather than a clean bullish trend.

On-chain signals remain mixed

CryptoQuant analyst Darkfost said Binance ETH withdrawal transactions hit their highest level in three years. Binance reportedly logged more than 166,000 withdrawal transactions in one day as ETH rebounded from the $1,500 area.

Exchange withdrawals can point to accumulation when users move coins into self-custody. They can also show funds moving into DeFi for yield. Darkfost said some withdrawals may also reflect confusion around MiCA rules that took effect on July 1, even though withdrawals were not frozen.

Another CryptoQuant analyst, PelinayPA, gave a more cautious reading. The analyst said Binance ETH exchange netflow remained positive at +12,938 ETH, meaning more ETH was moving into the exchange than leaving it. Positive netflow can create selling risk because coins on exchanges are easier to sell.

That contrast keeps the short-term outlook balanced. Withdrawal transactions suggest some users may be accumulating. Positive netflow and rising open interest suggest selling pressure and leverage have not disappeared.

Institutional activity adds support

Ethereum also has support from corporate and institutional activity. As crypto.news reported, Ethereum Institutional launched with backing from BitMine, SharpLink, Joe Lubin, and other contributors to support adoption by banks, asset managers, custodians, and financial firms.

BitMine has continued building its Ethereum treasury. As previously reported, BitMine added 27,084 ETH, lifting its holdings to more than 5.7 million ETH, or about 4.7% of Ethereum’s supply.

SharpLink has also kept buying during weakness. The company bought another 10,000 ETH for $16.1 million as Ethereum tested lower support.

BTSE has officially entered Indonesia’s regulated crypto market through the launch of BTSE Indonesia after completing the rebranding of local exchange NVX.

According to an official announcement issued on July 3, the new platform has been established as a joint venture between BTSE Group and PT Aset Kripto Internasional, combining BTSE’s trading infrastructure with local operations focused on customer growth, partnerships, marketing, and sales.

Operating under a license issued by Indonesia’s Financial Services Authority (OJK), BTSE Indonesia is authorized to function as a Digital Financial Assets and Crypto Assets Trading Operator (PAKD). The approval places the exchange among the limited number of regulated entities permitted to offer cryptocurrency trading services in the country while complying with anti-money laundering requirements and customer asset protection rules.

With the regulatory approval in place, BTSE Indonesia can work with Indonesian banks and payment providers to support Indonesian rupiah (IDR) deposits, withdrawals, currency conversions, and IDR trading pairs. The company said the license also creates a path to introduce additional regulated products, including futures trading, subject to rules issued by Indonesian authorities.

Under the partnership, BTSE Group will provide the exchange’s trading engine, liquidity, and underlying technology, while the Indonesian entity will manage local commercial operations using its market knowledge and domestic business relationships.

“Indonesia has everything it takes to be Asia’s next major crypto hub; the population, the demand, and now the regulatory framework. What it needs now is the right combination of global infrastructure and local expertise. That’s exactly what this joint venture delivers,” said Jeff Mei, Chief Operating Officer of BTSE Group.

According Stephanie Kusnadi, Chief Strategy Officer of BTSE Indonesia, added the integration with BTSE gives the company access to global exchange technology while allowing it to continue operating as a platform built around local regulatory requirements and user needs.

Indonesia continues tightening crypto oversight

The launch comes as Indonesia continues introducing new rules for its digital asset industry. In June, the OJK issued Financial Services Authority Regulation No. 6 of 2026, requiring social media influencers who recommend cryptocurrencies and other digital financial assets to obtain competency certification unless they already hold another qualifying license.

Under the same regulation, influencers may promote only digital assets listed on authorized exchanges, while promotional campaigns must be conducted through licensed financial services businesses that remain responsible for the content. The new requirements place additional compliance obligations on digital asset firms operating in Indonesia’s regulated market.