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The Daily Hodl
2019-02-18 20:13:31

Bitcoin Trading Volume Surges in Indonesia After Country Officially Recognizes Crypto as Commodities

Bitcoin trading volume has more than doubled in Indonesia on peer-to-peer crypto trading platform LocalBitcoins, from 222 Bitcoin worth roughly $.8 million for the week ended February, up from 102 Bitcoin. The record-breaking volume coincides with the country’s new legal framework for cryptocurrencies, which legalize cryptocurrency exchanges and classify Bitcoin, Ethereum and altcoins as commodities. […]The post Bitcoin Trading Volume Surges in Indonesia After Country Officially Recognizes Crypto as Commodities appeared first on The Daily Hodl.