Indonesia’s Crypto Transactions Soar 352% in 2024, Reaching $29.63 Billion
Jakarta. The value of cryptocurrency transactions in Indonesia reached Rp 475.13 trillion ($29.63 billion) by October 2024, a 352.89 percent year-on-year increase, according to a report from the Financial Services Authority (OJK).
Hasan Fawzi, Head of OJK’s Financial Technology, Digital Financial Assets, and Crypto Assets Oversight, said that by October 2024, the number of crypto investors in Indonesia had reached 21.63 million, up from 21.27 million in September.
“During the same period (October 2024), the transaction value of crypto assets saw a 43.87 percent increase, totaling Rp 48.44 trillion,” he said at a press conference following the OJK Commissioner’s Board Meeting in Jakarta on…
