JAKARTA - Based on a series titled 'Who Are People Most Stressed About the State of Crypto?' Indonesia is included in the list of the top three countries that have a high level of crypto-related stress for the Southeast Asia region.

This research then proves that crypto market volatility and lack of investment education make investors make decisions that are not right, so they usually end up performing somewhat worse than previously thought.

Head of the Commodity Futures Development and Development Bureau, CoFTRA, Tirta Karma Senjaya, explained several main reasons why investing in appropriate crypto education is very important.

He stressed that lack of education is an inhibiting factor in crypto adoption. Because according to him, crypto is a new industry, so new talents are needed who understand blockchain and crypto and have special technology skills.

Our main goal is to build a large crypto asset investment community with adoption felt by all parties. All of this starts with education and literacy," said Tirta.

Tirta also said that currently, CoFTRA continues to strengthen regulations and form a crypto asset ecosystem in Indonesia consisting of the Exchange, Clearing, Depository.

This ecosystem is expected to create a reasonable and fair trading climate for crypto assets in healthy competition. In addition, there is a Crypto Asset Committee that will play a role in encouraging industrial development and development.

In April 2024, CoFTRA recorded the value of crypto transactions in Indonesia reaching IDR 52.26 trillion. Meanwhile, the number of crypto investors in Indonesia has increased, where until April 2024, there were 20.16 million crypto investors, an increase of 2.08 percent compared to March 2024 as many as 19.75 million people.


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