Indonesia making moves to become the Crypto Capital of Asia
Regulations, exchanges and massive adoption of crypto assets with an enormous growth in Blockchain and Crypto projects is solidifying Indonesia’s position as the crypto capital of Asia.
Crypto has won the hearts of the world’s largest Island country. Crypto transactions have grown manyfold in the last few years. According to the ministry of trade, transactions for crypto grow from $.1 billion in 2020 to $59.83 billion in 2021.
According to Triple A website, crypto assets have gained traction in Indonesia. Nearly 30 million Indonesians own crypto and there is a marked increase in use of Bitcoin too.
Reasons for massive crypto adoption in Indonesia
Indonesia is fourth most populous country of the world. However, according to data only 4% of the population is buying or selling crypto. Hence there is lot of space for future growth. Indonesia is making moves to become the crypto capital of Asia by providing regulatory support. Some of the reasons for massive crypto adoption in Indonesia are –
Regulatory Framework and Support – Indonesia has regulated crypto trading since 2019. Companies are allowed to buy/sell crypto assets as commodities. And this trading is regulated by Commodity Futures Trading Regulatory Agency (BAPPEBTI), a body under the Ministry of Trade. Thereby they made crypto better regulated as this body is in charge of vetting documents. They approve companies and commodities that can be traded in Indonesia. Their whitelist of permitted tokens consists only 299 crypto assets as of 2021.
Tokens are allowed after through vetting procedure. The procedure includes market cap, security check, background checks of management team, project viability, road map etc.
Also, the Financial Service Authority has prohibited lending or marketing of crypto by financial service companies. All crypto exchanges must be registered with FSA and comply BAPPEBTIs regulations.
Easy Access – Indonesia currently has 17 registered crypto exchanges. The top crypto exchange, IndoDax has a user base of 5 million members in 2022. All the exchanges and other platforms give users the ease of access through mobile apps and easily accessible platforms. Moreover, Indonesia has taken lot of proactive steps for crypto assets adoption and this is the reason for increasing penetration of crypto assets.
Rising Tech interest in Crypto – Local tech giants of Indonesia are entering the world of digital assets to capitalize on this growing popularity. Indonesia’s largest telecom company Telkom Indonesia has started venture capital arm known as MDI ventures to develop crypto exchange and other projects. MDI is $830 million VC including financial technology leaders Kredivo and KoinWorks.
What is next for Indonesia?
The crypto market will get only bigger in the coming years. A clear regulatory framework and good business opportunities have made Indonesia a hot bed for crypto world. NFTs are the latest on the scene there will massive investments and projects going on. Recently a computer science student made news after selling NFT selfies of over $1 million. It is slowly emerging to become the Crypto Capital of Asia.
Hi, my name is Eric and I’m betting you’d like your website cryptomirror.org to generate more leads.
Here’s how:
Talk With Web Visitor is a software widget that’s works on your site, ready to capture any visitor’s Name, Email address and Phone Number. It signals you as soon as they say they’re interested – so that you can talk to that lead while they’re still there at cryptomirror.org.
Talk With Web Visitor – CLICK HERE https://boostleadgeneration.com for a live demo now.
And now that you’ve got their phone number, our new SMS Text With Lead feature enables you to start a text (SMS) conversation – answer questions, provide more info, and close a deal that way.
If they don’t take you up on your offer then, just follow up with text messages for new offers, content links, even just “how you doing?” notes to build a relationship.
CLICK HERE https://boostleadgeneration.com to discover what Talk With Web Visitor can do for your business.
The difference between contacting someone within 5 minutes versus a half-hour means you could be converting up to 100X more leads today!
Try Talk With Web Visitor and get more leads now.
Eric
PS: The studies show 7 out of 10 visitors don’t hang around – you can’t afford to lose them!
Talk With Web Visitor offers a FREE 14 days trial – and it even includes International Long Distance Calling.
You have customers waiting to talk with you right now… don’t keep them waiting.
CLICK HERE https://boostleadgeneration.com to try Talk With Web Visitor now.
If you’d like to unsubscribe click here http://boostleadgeneration.com/unsubscribe.aspx?d=cryptomirror.org
Hey there, I just found your site, quick question…
My name’s Eric, I found cryptomirror.org after doing a quick search – you showed up near the top of the rankings, so whatever you’re doing for SEO, looks like it’s working well.
So here’s my question – what happens AFTER someone lands on your site? Anything?
Research tells us at least 70% of the people who find your site, after a quick once-over, they disappear… forever.
That means that all the work and effort you put into getting them to show up, goes down the tubes.
Why would you want all that good work – and the great site you’ve built – go to waste?
Because the odds are they’ll just skip over calling or even grabbing their phone, leaving you high and dry.
But here’s a thought… what if you could make it super-simple for someone to raise their hand, say, “okay, let’s talk” without requiring them to even pull their cell phone from their pocket?
You can – thanks to revolutionary new software that can literally make that first call happen NOW.
Talk With Web Visitor is a software widget that sits on your site, ready and waiting to capture any visitor’s Name, Email address and Phone Number. It lets you know IMMEDIATELY – so that you can talk to that lead while they’re still there at your site.
You know, strike when the iron’s hot!
CLICK HERE https://boostleadgeneration.com to try out a Live Demo with Talk With Web Visitor now to see exactly how it works.
When targeting leads, you HAVE to act fast – the difference between contacting someone within 5 minutes versus 30 minutes later is huge – like 100 times better!
That’s why you should check out our new SMS Text With Lead feature as well… once you’ve captured the phone number of the website visitor, you can automatically kick off a text message (SMS) conversation with them.
Imagine how powerful this could be – even if they don’t take you up on your offer immediately, you can stay in touch with them using text messages to make new offers, provide links to great content, and build your credibility.
Just this alone could be a game changer to make your website even more effective.
Strike when the iron’s hot!
CLICK HERE https://boostleadgeneration.com to learn more about everything Talk With Web Visitor can do for your business – you’ll be amazed.
Thanks and keep up the great work!
Eric
PS: Talk With Web Visitor offers a FREE 14 days trial – you could be converting up to 100x more leads immediately!
It even includes International Long Distance Calling.
Stop wasting money chasing eyeballs that don’t turn into paying customers.
CLICK HERE https://boostleadgeneration.com to try Talk With Web Visitor now.
If you’d like to unsubscribe click here http://boostleadgeneration.com/unsubscribe.aspx?d=cryptomirror.org