{"id":413407,"date":"2025-12-08T12:20:34","date_gmt":"2025-12-08T06:50:34","guid":{"rendered":"https:\/\/dripp.zone\/news\/robinhood-eyes-indonesia-market-as-local-crypto-adoption-soars-crypto-news\/"},"modified":"2025-12-08T12:24:47","modified_gmt":"2025-12-08T06:54:47","slug":"robinhood-eyes-indonesia-market-as-local-crypto-adoption-soars-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/robinhood-eyes-indonesia-market-as-local-crypto-adoption-soars-crypto-news\/","title":{"rendered":"Robinhood Eyes Indonesia Market as Local Crypto Adoption Soars &#8211; Crypto News"},"content":{"rendered":"<div style=\"position:relative;overflow:visible;font-size:1.2em;line-height:1.58\">\n<div class=\"pt-8 pb-10 border-t border-b border-decryptGridline \">\n<h4 class=\"sc-b2a202e4-4 bNRGqr gg-dark:text-white\" color=\"#333\">In brief<\/h4>\n<ul>\n<li class=\"font-meta-serif-pro font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Robinhood has agreed to buy a licensed brokerage and a crypto platform in Indonesia to enter the market.<\/li>\n<li class=\"font-meta-serif-pro font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">The deals are expected to close in early 2026, with no integration details yet disclosed.<\/li>\n<li class=\"font-meta-serif-pro font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">The push comes as Indonesia strengthens oversight of digital assets amid a surge in growth for crypto adoption.<\/li>\n<\/ul>\n<\/div>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Robinhood Markets Inc. has agreed to acquire two licensed Indonesian firms as it prepares to enter one of Asia\u2019s fastest-growing retail markets.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">The deals would involve acquisitions of PT Buana Capital Sekuritas, a brokerage, and PT Pedagang Aset Kripto, a licensed crypto trading platform, according to a <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/robinhood.com\/us\/en\/newsroom\/Robinhood-is-Coming-to-Indonesia\/\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">statement<\/span><\/a><span style=\"font-weight:400\"> released by the California-based company on Sunday evening.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Asked about how it is planning out operations during the transition period, a Robinhood spokesperson told <\/span><i><span style=\"font-weight:400\">Decrypt<\/span><\/i><span style=\"font-weight:400\"> it had \u201cno further integration plans to share,\u201d and confirmed that the deals are expected to close in the first half of 2026.<\/span><\/p>\n<p><iframe loading=\"lazy\" style=\"border:0\" src=\"https:\/\/myriad.markets\/embed\/market\/stablecoin-market-cap-to-pass-360b-before-february\" width=\"100%\" height=\"415px\"><span data-mce-type=\"bookmark\" style=\"display:inline-block;width:0px;overflow:hidden;line-height:0\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Indonesia \u201crepresents a fast-growing market for trading, making it an exciting place to further Robinhood\u2019s mission to democratize finance for all,\u201d Patrick Chan, head of Asia at Robinhood, said in the statement.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><i><span style=\"font-weight:400\">Decrypt<\/span><\/i><span style=\"font-weight:400\"> has reached out for comment to Bursa Efek Indonesia, the country\u2019s stock exchange; Otoritas Jasa Keuangan, its financial regulator overseeing capital markets and digital assets; and Bappebti, the former crypto trading supervisor under its Ministry of Trade.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Robinhood<\/span><span style=\"font-weight:400\"> did not provide any further comment.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Indonesia\u2019s digital assets and financial technology sector has rapidly expanded over the past few years, supported by rising mobile payments and investment activity.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">The country\u2019s digital economy is projected to reach about $99 billion in 2025, according to Google\u2019s e-Conomy SEA 2025 <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/services.google.com\/fh\/files\/misc\/indonesia_e_conomy_sea_2025_report.pdf\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">report<\/span><\/a><span style=\"font-weight:400\">, with digital payments alone expected to climb from $340 billion in 2023 to $538 billion in 2025.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Indonesia also shows a broad uptake of digital financial services.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">The World Bank\u2019s <\/span><span style=\"font-weight:400\">Global Findex 2025<\/span><span style=\"font-weight:400\"> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.worldbank.org\/en\/publication\/globalfindex\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\">report<\/a> notes that financial account ownership has increased worldwide, with digital payments becoming the most widely used formal financial service in low and middle-income economies.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Account ownership in Indonesia rose from about 20% of adults in 2011 to roughly 60% by 2024, reflecting an expansion in access to formal financial services, per the report.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">However, the World Bank also notes that Indonesia still accounts for a meaningful share among adults without accounts, appearing next to China among the larger contributors within East Asia and the Pacific.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Robinhood\u2019s entry could narrow some of these gaps by expanding access to low-cost trading and investment tools, although the effect would depend on how quickly Indonesians could adopt its products and how regulators enforce a new licensing framework.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">In July, Indonesia <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/332539\/indonesia-to-hike-crypto-taxes-target-offshore-platforms-with-higher-rates-next-month\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">introduced new rules<\/span><\/a><span style=\"font-weight:400\"> that raised taxes on crypto transactions and brought digital assets under financial sector oversight. Offshore trades are now taxed at 1%, while domestic trades face a 0.21% levy.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Regulators also removed value-added tax on crypto sales and reclassified digital assets as financial instruments supervised by Otoritas Jasa Keuangan.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Indonesia remains among the world\u2019s top markets in terms of crypto adoption, according to the 2025 <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.chainalysis.com\/blog\/2025-global-crypto-adoption-index\/\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">Global Crypto Adoption Index<\/span><\/a><span style=\"font-weight:400\"> by Chainalysis. <\/span><span style=\"font-weight:400\">The Asia-Pacific region, meanwhile, <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/341100\/asia-pacific-leads-worldwide-crypto-adoption-report\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">leads globally<\/span><\/a><span style=\"font-weight:400\">.<\/span><\/p>\n<div class=\"my-4 border-b border-decryptGridline\">\n<div class=\"text-start p-8 md:py-12 md:px-12 max-w-prose relative\"><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute top-4 left-4 md:top-6 md:left-6\"\/><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute rotate-180 bottom-4 right-4 md:bottom-6 md:right-6\"\/><\/p>\n<h3 class=\"font-akzidenz-grotesk font-bold text-xl md:text-3xl md:text-center gg-dark:text-white\">Daily Debrief<!-- --> Newsletter<\/h3>\n<p>Start every day with the top news stories right now, plus original features, a podcast, videos and more.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In brief Robinhood has agreed to buy a licensed brokerage and a crypto platform in Indonesia to enter the market. The deals are expected to close in early 2026, with no integration details yet disclosed. The push comes as Indonesia strengthens oversight of digital assets amid a surge in growth for crypto adoption. Robinhood Markets [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":413408,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-413407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/413407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=413407"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/413407\/revisions"}],"predecessor-version":[{"id":413409,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/413407\/revisions\/413409"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/413408"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=413407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=413407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=413407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}