Indonesia is poised for continued growth in blockchain and crypto activity, cementing its status as a key player in the Web3 space. A recent report highlights a 72% increase in registered blockchain companies under KBLI 62014, bringing the total to 2,251 companies as of 2024. The KBLI 62014 (Standard Classification of Indonesian Business Fields) simplifies the registration process for blockchain companies while ensuring compliance across sectors such as financial services, supply chain management, and Web3 projects. This regulatory clarity reduces compliance risks while actively encouraging both local startups and foreign investments, positioning Indonesia as a hub for blockchain innovation in…