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This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated April 26, 2023 to its short form base shelf prospectus dated November 4, 2021 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of th

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(October 7, 2022) As of August 15, 2022, there is a moratorium in Indonesia on the issuance of new crypto exchange licenses. The moratorium was put in place by the Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or “Bappebti”), which is under the Ministry of Trade and is the regulator for cryptocurrency and crypto assets, through Circular Letter No. 208/BAPPEBTI/SE/08/2022 on the Suspension of the Issuance of Registration Licenses for Crypto Asset Physical Trader Candidates (“Circular Letter”).

Indonesian Regulatory Body Issues Moratorium On New Crypto Exchange Licenses. Legal News and Analysis - Indonesia - Banking & Finance, Regulatory & Compliance -