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Indonesia Traders Poured into Localbitoins After Goverment Launch Regulations

Liang CHE

Summary: According to bitcoinist.com, after the Indonesian government promulgated the cryptocurrency industry anti-money laundering regulations, the country's traders poured into the cryptocurrency exchange Localbitcoins. According to Coin Dance, the exchange’s trading volume last week exceeded Rs 10.3 billion ($730,000), dwarfing the previous week’s record of $4.5 billion ($319,000).

According to bitcoinist.com, after the Indonesian government promulgated the cryptocurrency industry anti-money laundering regulations, the country's traders poured into the cryptocurrency exchange Localbitcoins. According to Coin Dance, the exchange’s trading volume last week exceeded Rs 10.3 billion ($730,000), dwarfing the previous week’s record of $4.5 billion ($319,000).

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