The BAPPEBTI Audit is a crucial component of Regulation No. 8 of 2021, which establishes guidelines for organizing physical market trading of crypto assets for BAPPEBTI members. This audit is designed to ensure that companies engaged in crypto asset trading comply with the highest regulatory standards, protecting both market participants and consumers, while maintaining the integrity of the crypto asset market in Indonesia.

The audit examines the following key aspects:

1. Regulatory Compliance: The audit is designed to ensure that companies comply with the regulations by BAPPEBTI, including licensing and reporting requirements. Companies must meet these standards to operate legally in the physical market for crypto assets.
2. Client Fund Security: The regulation requires that client funds be kept separate from the company’s operational funds to protect customer rights. The audit checks that the company is following this policy and managing client funds safely.
3. Risk Management and Governance: The audit evaluate how companies manage the risks associated with crypto asset trading. This includes an evaluation of governance systems and internal controls designed to mitigate the risks associated with market volatility and security threats.
4. Digital Asset Security: Companies are required to implement reliable security measures to protect the crypto assets they trade. The audit verifies that the technology systems in place meet the security standards set by the regulators.
5. Transparent Reporting: In compliance with BAPPEBTI regulations, the audit also evaluates a company’s compliance with transparent and accurate reporting of trading activities to both regulators and the public.
6. Safe Provision of Physical Market Services: Crypto asset marketplaces must be secure, reliable, and accessible. This audit maintains the integrity and security of the crypto asset market in Indonesia. Companies can ensure they are operating in compliance with standards, while consumers can feel more secure when engaging in transactions.

This audit is essential for maintaining the integrity and security of the crypto asset market in Indonesia. Through the audit, companies can ensure they are operating in compliance with the established standards, while consumers can feel more secure when engaging in transactions within the crypto asset market.