Jeth Soetoyo - Crypto Innovation with Collaborative Regulations - TOKEN2049 Singapore 2025
Explore how Indonesia is leading the charge in crypto innovation through a strategic blend of regulation and technology in this compelling talk by Jeth Soetoyo, delivered at TOKEN2049 Singapore 2025. As the founder and CEO of CFX, the world’s pioneering crypto bors, Jeth Soetoyo provides an insightful analysis of Indonesia's rise from the 20th to the 7th position globally in crypto adoption between 2022 and 2025. This ascent is attributed to Indonesia's innovative three-pillar market structure for cryptocurrency regulation, comprising CFX, the clearing entity KKI, and the custodian ICC.
In the aftermath of notable crypto exchange mishaps, Indonesia's approach separates roles and responsibilities, enhancing accountability and building a robust trust foundation. This framework, overseen by the national financial regulator OJA, mirrors traditional financial systems and has catalyzed dynamic growth, driving local regulated markets to outpace their unregulated counterparts.
Jeth discusses the future wave of crypto and product innovation, emphasizing the potential of perpetual products, stablecoins, and real-world asset tokenization. He also highlights the anticipated rise of ICOs and crypto financing as pivotal elements in deepening market liquidity. Drawing parallels with Vitalik Buterin’s triad of decentralization, security, and scalability, Jeth underscores the importance of security as the cornerstone for sustainable growth.
Discover how Indonesia is transforming into a global crypto hub through supportive regulations and strategic collaborations, setting a benchmark for innovative regulatory practices worldwide. Join this transformative journey and explore opportunities in Indonesia's thriving digital economy. Like, comment, and subscribe for more thought-provoking content from TOKEN2049.



