MASAK Unveils Fresh Protocols for Reporting Suspicious Cryptocurrency Transactions

A revolutionary period is dawning in the realm of digital currency. The recent enhancements made by MASAK in accordance with Law No. 5549 concerning the Prevention of Money Laundering, revealed on the 23rd of July, 2024, are set to have a profound impact on numerous participants within the industry. Thanks to the fresh guidelines and revamped online platform, the process of reporting potentially illicit transactions will become notably more thorough and extensive.