Indonesia Descends To The 7th Rank Of The World Crypto Adoption, What Causes It?
JAKARTA – The latest Chainalysis Global Crypto Operation Index 2025 shows that Indonesia is in 7th position in crypto adoption. Down from 3rd place last year.
According to Tokocrypto, one of the reasons for this decline is, because Chainalysis this year added a new sub-index that measures institutional activity, particularly transactions worth more than $1 million.
Countries with a mature financial ecosystem such as the US, India, and Brazil have received a strong boost from the participation of large institutions, including the presence of Bitcoin spot ETF products.
On the other hand, Indonesia is still stronger in the retail and DeFi segments, whose weight is now cut from the methodology. As a…