Indonesia sees a surge in crypto investors, hitting 18.25 million in November 2023, driven by a 62.8% spike in transaction values. Optimism surrounds the country's crypto future, buoyed by anticipated Bitcoin halving and growing regulatory support.
JoyThe opening of this new exchange is intended to protect consumers, and will function as a futures clearing house as well.
ClementThe project, which has been in progress since December 2021, gained momentum with the endorsement of Pang Hue Kai, CEO of Tokokrypto, a licensed Indonesian crypto exchange partly owned by Binance.
Coinlive The president of Jump Crypto said a “false messiah captivated an audience broader than ever before.”
OthersThere were some notable changes in the top five countries in terms of crypto adoption in Q3.
OthersThe country sees the tokens as a way to boost its economy.
Coindesk
BeincryptoThe Indonesian government sees the exchange as a means of protecting consumers as interest in digital currencies has risen, deputy trade minister Jerry Sambuaga said on Wednesday.
CoindeskThe government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork.
CointelegraphSome of Indonesia's best-known celebs have helped fan the flames of interest in digital assets.
Cointelegraph