Indodax Boss: Trump's Support Means A Lot To The Crypto Industry

Indodax CEO Oscar Darmawan. (Photo: Doc. ANTARA)

JAKARTA - Indodax CEO Oscar Darmawan stated that the support of former President of the United States (US) Donal Trump for the crypto industry is very meaningful because it is a positive signal that the digital currency will get more attention from regulators around the world.

"Support from important figures like Donald Trump means a lot to the crypto industry. It gives a positive signal that cryptocurrencies will get more attention from regulators around the world," he said as quoted by ANTARA, Thursday, May 30.

For him, support from public figures like Trump could encourage wider adoption of blockchain and crypto, as well as increase public trust and accelerate acceptance of the technology.

As is known, Donald Trump is committed to protecting the future of Bitcoin and other cryptocurrencies in the US.

Recently, Trump announced that his crypto wallet is worth more than 10 million US dollars, mostly in the form of $TRUMP and 463 Ethereum coins.

In addition, Trump emphasized support for individual rights to self-custody their crypto assets.

According to him, the right to self-isolation is an important aspect of financial freedom.

Every individual must have complete control over their digital assets without excessive interference from the government,

Oscar assessed that self-storage rights are an important aspect of the security and freedom of crypto users.

This allows users to have full control of their assets and reduce the risk of loss of assets due to third-party failures.

"This is an important step towards greater decentralization," he said.

In Indonesia, it is said that it continues to provide education to the public about the importance of security in crypto transactions.

"We at Indodax always prioritize security and education for users. With global support, we are optimistic that the crypto industry will continue to develop and be widely accepted. Indodax also provides indodax Academy platforms that can be accessed on the web for free and other social media platforms," said Oscar.