TechFlow news, November 30 — According to Cryptonews, citing the latest data from Indonesia's Commodity Futures Trading Regulatory Agency (CoFTRA), Indonesia's cryptocurrency trading volume reached over $30 billion (approximately 475 trillion Indonesian rupiah) in 2024, a 352% year-on-year increase. Currently, Indonesia has 21 million cryptocurrency traders, with 716,000 of them transacting through locally registered exchanges. Although the current trading volume has not yet surpassed the historical peak of $54 billion recorded in 2021, it has already exceeded the full-year total of $19.4 billion in 2022. According to Chainalysis data, Indonesia currently ranks third globally in the cryptocurrency adoption index, behind only India and Nigeria.
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