Bitcoin

This is a textbook example of 'index arbitrage' regulation, where a country alters its market structure to satisfy a private index provider (MSCI). It highlights the growing power of index inclusion as a sovereign financial stability tool, similar to how crypto markets react to potential delistings from major exchanges or index providers like Coinbase or FTX (historically).

Indonesia will remove stocks with concentrated ownership from its benchmark equities index to avert a possible MSCI market status downgrade.