indonesia crypto

Dec

Why the Indonesian crypto market is growing fast

The cryptocurrency market in Southeast Asia’s largest economy grew briskly in 2024. The value of cryptocurrency transactions in Indonesia reached Rp 475.1 trillion (US$29.6 billion) by October 2024, up 352% year-on-year, according to the country’s Financial Services Authority (OJK). Further, by the same month, there were 21.6 million crypto investors…

May

Blockchain Research

Why emerging Southeast Asia is crypto friendly

Cryptocurrency may have originated in the G7 – if we assume Satoshi Nakamoto is Japanese – but in practice developing countries have often been the most enthusiastic about embracing decentralized virtual currencies. The reason is simple: Crypto’s promise of financial democratization has a strong appeal in countries where large segments…

Jan

Blockchain Research

Indonesia continues its measured embrace of crypto

Crypto bear market be darned: Indonesia plans to set up a cryptocurrency exchange later this year ahead of a shift of regulatory powers over digital assets to the Financial Services Authority from the Commodity Futures Trading Regulatory Agency, known as Bappebti. The move is part of a broader financial reform…

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