Indonesia had 17.91 million cryptocurrency investors as of September, marking a 0.67% increase from the previous month’s figure of 17.79 million investors, according to the Commodities Futures Trading Regulatory Agency (Bappebti).
Jakarta (VNA) - Indonesia had 17.91 million cryptocurrency investors as of September, marking a 0.67% increase from the previous month’s figure of 17.79 million investors, according to the Commodities Futures Trading Regulatory Agency (Bappebti).
From September 2022 to September 2023, t💖he number of c♚rypto investors grew by some 1.64 million, a 10.1% increase, Bappebti said.
However, during October 2022 - August 2023, the growth rate of crypto investors in Indonesia never exceeded 1%. This slowdown was attributed to global trends in the crypto market, which experienced declines.
Additionally, Bappebti reported a 25.2% decrease in the value of cryptocurrency transactions in Indonesia in September 2023 compared to the previous month. This decrease was significant compared to September 2022 with a 54.7% contraction.
In the end of July, the country's 🌼Trade Ministry and Bappebti launched the first crypto exchange in Indonesia as part of an effort to provide a security ♕guarantee to crypto asset players./.
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Souvenir tokens represent cryptocurrency Bitcoin (Photo: Reuters)
