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Over the past year, the trading price of crypto assets recorded a significant upward trend. Bitcoin, for example, is still experiencing a strengthening over 40% year-to-date as of May 19, 2021. Meanwhile, over the past year, it shot up to 320%. This trend has attracted many Indonesian investors.
The high transaction of crypto assets has made many countries take steps to protect the ecosystem. Globally, Asia has played a significant role in the development of the crypto asset industry over the past decade.
In this region, each country is competing to take part as a hub for crypto and blockchain assets. According to CoinGecko's report, there were 318 new exchanges, an increase of 706% in the last 18 months.
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