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Wimboh Santoso

Wimboh Santoso

Chairman, Financial Services Authority (OJK) of Indonesia · Financial Services Authority (OJK)

Shaped regulatory framework and supervisory posture that affected exchange licensing, investor protections and institutional adoption of tokens like TKO

In the capacity of head of Indonesia's main financial supervisor, influenced the regulatory environment in which Tokocrypto operated and TKO circulated. Issued public guidance and coordinated with other agencies to clarify supervisory responsibilities, investor protection standards and anti‑money‑laundering expectations for crypto trading platforms. Those policy actions affected how exchanges structured custody, reporting and consumer disclosures that directly touch token listing and distribution practices. Participated in interagency coordination that impacted licensing timelines and compliance requirements for domestic exchanges, which in turn altered operational costs and onboarding schedules for projects seeking market access. By affecting the regulatory bar for corporate governance, risk management and consumer safeguards, indirectly shaped institutional willingness to provide custody, market‑making or listing services for tokens traded on Indonesian venues. Public statements and supervisory priorities signalled by the authority also changed market sentiment and counterparty behaviour. Compliance‑driven changes produced concrete outcomes: revised KYC flows, enhanced reporting, and adjusted product offerings by local exchanges. Those outcomes materially influenced the practical ease of listing, the cost of providing liquidity and the confidence of retail and institutional participants engaging with TKO.

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