Binance makes an important decision for the Indonesian market

NewsDecember 14, 2021

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Binance makes an important decision for the Indonesian market

Binance Holdings is currently in the negotiation with the Hartonos family. This family is one of the wealthiest clans in Indonesia. Additionally, Binance is also working with a state-owned telecommunications company to set up a cryptocurrency trading platform.

It reported that crypto platform Binance is in the process of setting up a cryptocurrency platform in Indonesia. It is the fourth most populous country in the world.

Sources close to the news report that Binance is in talks to establish partnerships with PT Bank Central Asia (BCA) and PT Telkom Indonesia. BCA is a corporation run by billionaire brothers Budi and Michael Hartono. This partnership will likely support the broader use of cryptocurrencies in the Indonesian territory.

BCA is a corporation run by billionaire brothers Budi and Michael Hartono

However, a spokesperson for Binance declined to comment on the above information. They said, “We support the sustainable development of the blockchain industry globally. And will not stop looking for business opportunities in each country.”

Binance will not stop looking for business opportunities in each country.”

A representative of BCA also said that they did not have discussions with the above content at their board meeting.

Investiki.com

Read more: Binance

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