TechFlow News, January 30: According to a Beincrypto report, data from Indonesia’s Financial Services Authority (OJK) shows that although the country’s domestic crypto user base has exceeded 20 million, 72% of licensed exchanges remained unprofitable in 2025. Total trading volume declined from 650 trillion Indonesian rupiah in 2024 to 482.23 trillion rupiah (approximately $30 billion) in 2025. A large number of users have shifted to overseas platforms—primarily because foreign exchanges offer lower fees, faster withdrawal speeds, and exemption from local tax obligations. Indodax’s CEO stated that domestic exchanges face unfair competition, and the exchange is currently under investigation by the OJK regarding approximately 600 million Indonesian rupiah in customer fund losses.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
