Binance Developing Crypto Exchange in Indonesia

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Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.”
Binance Building Cryptocurrency Exchange in Indonesia
Blockchain and cryptocurrency infrastructure provider Binance announced Wednesday that it has established a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm, MDI Ventures (MDI). Telkom Indonesia is the country’s largest telecoms company.
The aim of the joint venture is “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange,” the announcement details, elaborating:
Binance will provide world-class asset management infrastructure and technology to support the development of the new exchange platform.
“Our ambition at Binance is to grow the blockchain and cryptocurrency ecos

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