Binance’s Tokocrypto receives Indonesian PFAK license, expands market reach

Tokocrypto, a subsidiary of Binance, has obtained the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti). Binance announced the development, describing it as a significant milestone for the exchange and the Indonesian crypto industry. For Binance, the registration solidifies its footprints in Southeast Asian countries and allows it to