Indonesia's cryptocurrency sector could significantly impact the national economy, potentially adding $16.5 billion and creating up to 1.22 million jobs, according to a report by the University of Indonesia’s Institute for Economic and Social Research. The study indicates that reinvesting crypto trading profits locally could increase GDP by 0.86% to 1.18%. In 2024, crypto-related activities have already contributed $4.4 billion to the economy and generated over 333,000 jobs. The report emphasizes the need for stronger regulation, improved oversight, and enhanced financial literacy to fully realize the sector's potential. Indonesia’s Financial Services Authority is working with both domestic and international bodies to improve supervision and combat illegal trading. Additionally, MEXC Ventures has invested in Indonesian crypto exchange Triv, valued at $200 million, following new crypto tax regulations implemented in August.