Indonesia's Election Results May Be Good for Crypto, Industry Watchers Say
Briefly

Winning vice-presidential candidate of the current ruling party, Gibran Rakabuming, promised to create blockchain experts during his campaign.
Former defense minister Prabowo Subianto and the incumbent president's son Gibran Rakabuming had 60% of the nation's votes immediately after polls closed, according to a Quick Count. These results - finalized last week - mean the ruling party will remain in power, and while crypto industry members are careful not to take sides, they view the election results as a sign that the country's blockchain strategy could remain unchanged or change for the better.
Subani, the head of the national crypto bourse, CFX, told CoinDesk Indonesia that the exchange is politically neutral.
However, it's true that during the election period and presidential debates, Mr. Gibran specifically mentioned crypto, and we're pleased about the attention to the crypto industry in Indonesia," Subani said.
Read at Coindesk
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