Transactions Increase 207,5%, Reku Expresses Local Crypto Market Optimism

With the increasing number of crypto investors in Indonesia, which has now reached 19,75 million people as of March 2024, Reku expressed strong optimism for the future of the crypto market. According to the latest data from BAPPEBTI, the volume of crypto transactions in Indonesia has increased sharply, reaching IDR 103,58 trillion, up 207,5% from the previous month.

Chief Compliance Officer Reku Robby emphasized that increasing public interest and enthusiasm is a strong indicator of the crypto market's growth potential.

"Crypto assets are now increasingly accepted as a valid investment option, with Bitcoin reaching an all-time high before this year's halving," said Robby.

Furthermore, Robby stated that from a regulatory perspective, crypto assets have been well regulated, including guidelines for trading, money laundering crimes, as well as the Self-Regulatory Organization which consists of exchange institutions and clearing institutions.

Reku hopes that understanding and adoption of crypto can be increased. "We took the initiative to strengthen crypto financial literacy among all stakeholder in this ecosystem," added Robby.

Fahmi Almuttaqin, crypto researcher from River, adding that although the market is experiencing conditions sideways, high Bitcoin mining fees indicate high optimism among miners.

"This shows that the market still has confidence in security blockchain Bitcoin and potentially for rebound in the next few months," said Fahmi.

With a series of supporting data and analysis, Reku continues to strengthen its position as the main platform in the Indonesian crypto industry, providing trusted services and making it easier for investors to take advantage of opportunities in the crypto market.

Reku is committed to educating and facilitating Indonesian investors to participate more actively and critically in the crypto market, in accordance with existing regulations.