Stablecoins
Cryptocurrency Trends Among Indonesian Youth
Tuesday. October 29 at 8:30 PM
1 min. readA recent report from Indonesia's commodities regulator, Bappebti, and local crypto platforms revealed that over 60% of crypto investors in the country are aged 18 to 30. The data also showed that the total volume of crypto transactions in September reached 33.7 trillion Indonesian rupiah, with 21.3 million crypto users in the country. Popularly traded assets include USDT, ETH, BTC, PEPE, and SOL. Despite facing challenges from a dual tax system, Indonesians continue to embrace digital assets. Bappebti has called for a reassessment of the tax regime, emphasizing the growing importance of cryptocurrencies in the country's economy. This trend mirrors a global pattern, with younger generations worldwide showing a higher inclination towards investing in crypto assets. The future of cryptocurrencies in Indonesia and beyond looks promising, with potential for significant integration into the financial sector.