Global Crypto Players Move to Secure Foothold in Indonesia

[madmax]

Following OJK’s licensing clarification, international firms are accelerating entry into Indonesia’s booming crypto market:

Robinhood acquired local brokerage Buana Capital and PT Pedagang Aset Kripto, gaining direct access to 17M crypto traders.

OSL Group acquired licensed exchange Koinsayang to offer both spot and derivatives trading.

With a market of 19M capital‑market investors and tens of millions of crypto participants, Indonesia represents one of Southeast Asia’s fastest-growing hubs for digital assets.

[etfs]

So these acquisitions let them do derivatives too? not just spot trading?