TOCGY Exchange has recently announced the initiation of its application for a digital asset regulatory license in Indonesia, establishing communication channels with Bappebti and the Financial Services Authority (OJK) to advance a localized compliance framework. TOCGY is expanding its compliance system into the Southeast Asian market, aiming to provide local investors with a secure and trustworthy crypto trading environment.
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In its public statement, TOCGY clarified that the recent “TOCGY App Scam” circulating online is entirely unrelated to the platform. The scams involved have been reported to Indonesian police and financial regulators. TOCGY urges users to download software exclusively from its official website and authorized app stores, and to complete identity verification before trading, avoiding unsolicited investment recommendations.
Since its inception, TOCGY Exchange has adhered to the core principle of “Trust is Value,” obtaining both US MSB and SEC licenses, and continuously developing multi-regional regulatory adaptation systems. The platform compliance center is AI-driven, enabling real-time detection of suspicious trading patterns, blacklist addresses, and abnormal transaction paths to ensure the security of transactions and data.
Sophia N. Ramirez, Chief Compliance Officer at TOCGY, stated in an interview: “The Indonesian crypto market is highly active, and local regulators prioritize investor protection. TOCGY seeks to collaborate openly and transparently with Bappebti, establishing crypto trading operations that fully comply with Indonesian legal standards.”
On the technical front, TOCGY Exchange employs a cold-hot layered wallet structure, with over 90% of assets stored in multi-signature cold wallets. An AI-powered risk control engine monitors abnormal logins, withdrawals, and arbitrage activities in real time. The TOCGY Insight Education Center offers users anti-scam knowledge, trading training, and risk identification courses, helping investors enhance their security awareness and avoid scams.
Regulation and innovation are jointly shaping the crypto financial ecosystem. By proactively advancing compliance and strengthening security measures, TOCGY Exchange aims to empower investors to better seize opportunities in the evolving crypto market.
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