🇮🇩 Indonesia's presidential election in February 2024 saw a victory for Prabowo Subianto and Gibran Rakabuming, perceived as supporters of the cryptocurrency industry.
📈 Key industry figures like Subani from CFX and William Sutanto of INDODAX anticipate positive impacts on the country's crypto sector under the new administration.
🔒 Subianto pledges to tighten regulations to combat tax evasion, while Rakabuming aims to cultivate blockchain expertise among the youth.
🤝 Both leaders are committed to fostering the cryptocurrency environment, with their intentions reaffirmed after being declared winners by the electoral commission on April 25.
💡 There's an expectation that the new government will uphold or improve existing crypto-friendly policies.
🚀 Sutanto highlights Rakabuming's potential to drive innovation in the blockchain and cryptocurrency sectors, given his appeal to the younger generation and strategic planning capabilities.
🌍 Indonesia, while not leading in transaction volumes, has witnessed significant growth in registered crypto users under President Joko Widodo, laying a promising groundwork for the new leadership to elevate the country's position in the regional crypto market.
