### Daily Briefing: Latest Developments in Indonesian Technology Companies and Startups in Emerges as Digital Health Leader in Southeast Asia">Southeast Asia

#### 1. Main Headline/Development
Indonesia’s CFX Crypto Exchange Reports $6.9 Million Revenue in First Half of 2025.

#### 2. Key Facts and Context
On September 6, 2025, Tech in Asia reported that Indonesia’s new Nasdaq-style crypto exchange, CFX, generated $6.9 million in revenue from January to June 2025. The exchange has registered 31 platforms, with 20 fully licensed. This makes Indonesia the first country to build such a regulated crypto marketplace. Social media discussions on X highlight growing crypto adoption in Southeast Asia, with APAC regions seeing a 69% year-over-year jump in crypto activity, driven by countries like India, Vietnam, and Indonesia.

#### 3. Why This Matters
This revenue milestone shows Indonesia’s push to lead Southeast Asia’s digital economy, projected to reach $146 billion by 2025 according to Google-Temasek-Bain reports. It could attract more investors and startups to regulated crypto tech, boosting innovation in fintech. However, it sparks debate on whether heavy regulation clashes with crypto’s decentralized nature, potentially affecting market freedom in emerging economies.

#### 4. What to Watch for Next
Monitor upcoming OJK (Indonesia’s financial authority) updates on crypto transaction volumes, which hit Rp 276.45 trillion from January to July 2025. Watch for new startup funding rounds in Indonesia’s tech sector, especially in fintech and e-commerce, amid regional IP application surges and global crypto adoption trends.