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The transaction volume of the Indonesian crypto market this year has exceeded US$30 billion, a year-on-year increase of 350%

According to online reports, from January to October 2024, the transaction volume in the Indonesian cryptocurrency market exceeded US$30 billion, a year-on-year increase of 350%, setting the highest total since the bull market in 2021. According to Chainalysis's Global Cryptocurrency Adoption Index, Indonesia and Oceania/Asian markets remain the regions with the highest rates of cryptocurrency adoption globally, with seven of the top ten countries coming from the region.

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