Major institutional move in Indonesia's crypto space: Hashim Djojohadikusumo's business group has officially acquired stakes in PT Indokripto Koin Semesta Tbk (COIN). This marks a significant moment for the country's digital asset sector, with high-profile figures increasingly recognizing the growth potential in crypto markets. The move signals stronger institutional adoption and legitimacy for cryptocurrency platforms in Southeast Asia. Market watchers are closely tracking how this development might influence regional crypto adoption rates and regulatory frameworks. Such participation from established business conglomerates typically reflects growing confidence in the sector's long-term viability and compliant operations.