DealStreetAsiaCrypto action heats up in Indonesia as Tokocrypto weighs IPO
Country is hot spot for digital currency, based on government data
The number of cryptocurrency traders in Indonesia is estimated at 4 million and is expected to grow exponentially given the size of the country's population at 275 million, industry watchers predict. © Reuters
AASTHA MAHESHWARI, DealStreetAsia
JAKARTA -- In a sign of the rise of cryptocurrency in Indonesia, the global cryptocurrency exchange Luno is said to be weighing entry into the Southeast Asian market. At the same time, Binance-backed local operator Tokocrypto is looking at a public market debut.