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Germany Moves $150 Million Into Crypto Assets

Although the challenges facing the global crypto market today are quite complex. The unstable macroeconomic situation, coupled with the Fed's stance that has not softened its monetary policy, is putting pressure on the crypto market. In addition, the weakening inflow of Bitcoin ETFs from institutional investors in the United States also affects market sentiment.

“However, we remain optimistic about the growth of the crypto industry in Indonesia, because public interest and trust in crypto assets continues to increase,” said Yudho.

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Meanwhile, the number of crypto investors in Indonesia until May 2024 decreased to 19.75 million customers, compared to April 2024 which reached 20.16 million.

The decrease was due to data adjustments after one of the Prospective Crypto Asset Physical Traders (CPFAK) stopped operating. On the other hand, the number of active investors transacting in May 2024 was recorded at 893,541, with an additional number of investors of 363,101 in that month.

Germany Moves $150 Million Into Crypto Assets

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