Crypto Boom in Indonesia: Transactions Soar to $1.92B in February as Investors Top 19 Million

• Indonesia saw a surge in crypto transactions, reaching $1.92 billion in February • The number of registered crypto investors hit 19 million, up 170,000 from January • Indonesia's crypto regulator attributes growth to bitcoin's price surge and altcoin rallies • The regulator aims to match or exceed 2021's transaction volume of $51.28 billion by 2024 • Removing or reducing crypto taxes could help Indonesia achieve its transaction target