Bulan Literasi Kripto 2024: Empowering Indonesians Through Crypto Education

The Blockchain and Crypto Asset Traders Association of Indonesia (Aspakrindo – ABI), with the support of the Ministry of Trade of the Republic of Indonesia and the Commodity Futures Trading Regulatory Agency (Bappebti), has successfully held the Bulan Literasi Kripto (BLK) 2024, which took place from May 2 to May 30, 2024. Coinvestasi and CoinDesk Indonesia, as official media partners for BLK 2024, played a key role in promoting and covering the events. Their contributions helped raise awareness and educate the public, including crypto enthusiasts, investors, and industry professionals, about the importance of crypto literacy. 

This year’s event, with the theme “Exploring Crypto for Tomorrow’s Landscape,” ran with various activities for the whole month and was attended by more than 10,000 enthusiastic participants from all over Indonesia. It aimed to develop a stronger understanding and knowledge among Indonesians about a safe and comfortable approach to investing in crypto assets in Indonesia, while also driving technology advancement in the country. Furthermore, this event aspired to be an innovative way to strengthen the collaborative approach between crypto regulators to collaboratively expand the Indonesian crypto market and drive crypto assets transactions in Indonesia.

Crypto Literacy Month 2024 Event Series

Bulan Literasi Kripto 2024 was opened with keynote speeches from experts and regulators of the crypto industry in Indonesia, attended by Indonesian government officials, including the Coordinating Ministry for Economic Affairs, the Ministry of Communication and Informatics, The Financial Services Authority, and the Criminal Investigation Agency of the Republic of Indonesia Police. Other independent organizations, including Nusantara Crypto Exchange, Indonesia Commodity Clearing House, Indonesia Coin Custodian, Tennet Depository, and various national crypto media, along with 65 members of associations, also participated. This event was also supported by the well-known crypto companies in Indonesia and worldwide, such as DCT Token, INDODAX, Tokocrypto, Liminal Tether, CFX, AFTECH, and KADIN. 

During the event, there was a roadshow on May 6th to May 29th in 9 cities in Indonesia, which were Jakarta, Bandung, Tasikmalaya, Yogyakarta, Surabaya, Malang, Medan, Bali, and Balikpapan. Every roadshow gained enthusiasm from all participants and local crypto communities, reaching 300 participants in every city. The important people from the Indonesian crypto industry like Olvy Andrianita, S.E., the Secretary of Indonesia’s Commodity Futures Trading Regulatory Agency, and Angga Andinata, a crypto educators, participated as panelists, inviting participants to have in-depth discussions about topics related to crypto, the future of blockchain-based finance, and crypto investments anti-fear.

The closing ceremony of Bulan Literasi Kripto 2024 held on May 30, 2024 in Jakarta, filled with talk session with the theme “Empowering New Generation Through Crypto Investment”, attended by public figures, which were Brandon Salim, Andy Senjaya (full-time trader and content creator), and Indodax and Triv (C-Level Industries). This closing ceremony were also attended by the Coordinating Ministry of Economic Affairs, the Ministry of Communication and Informatics, the Ministry of Tourism and Creative Economy, Indonesian Bank Restructuring Agency. Also, this closing session was supported by the Indonesian Chamber of Commerce and Industry, and the Self-Regulatory Organization of Crypto Assets, including the CFX Exchange, KKI, ICC, and Indonesian Fintech Association. The BLK closing ceremony can be watched again on the Aspakrindo – ABI Youtube channel.

Even though the event has ended, but it is hoped that the literacy of crypto assets is not over and needs to be encouraged, and the Indonesian should understand the high-risk-high-return of crypto assets, its transactions mechanism, choose the right traders and coins registered on Bappebti, use their spare funds, conduct research beforehand and understand the agreement documents and risks involved, and do not believe promises of fixed/high profits.