Does this apply to me?
Only if you’re verifying your Luno account for Indonesia.
Luno complies with regulations set by the Commodity Futures Trading Regulatory Agency (BAPPEBTI) in Indonesia. To meet the requirements set by these regulations, we need to ask you for some personal information when you sign up for a Luno account.
You may feel displeased by some of these requirements. We understand. But we also want to assure you that regulations like these help to combat fraud, keep you safe, and improve trust in the crypto industry. You can find out more about our views on regulation here.
Your safety and your privacy are incredibly important to us. We have strict data protection policies and advanced technical measures in place to keep your information confidential and safe at all times. Alongside our Privacy Policy, you can read this blog post which details how Luno keeps your personal information secure.
Tip
If you’re interested in reading BAPPEBTI’s requirements for yourself, refer to:
Regulation Number 8, 2017 (Article 21)
Regulation Number 8, 2021 (Article 28)