Indonesia introduces new rules targeting financial influencers; authorities may request platforms to remove related accounts or content

CoinFeed, June 24 – According to CoinDesk, Indonesian regulators have introduced new rules targeting financial influencers, bringing the promotion of financial products such as crypto assets on social media under supervision. The rules explicitly apply to individuals and institutions engaged in investment education, stock recommendations, investment advisory, and product marketing. The new regulations grant authorities the power to take action against non-compliant promotional activities, including requesting platforms to remove related accounts or content.