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Coinfest Asia 2025: Bybit and Tether Discuss Future of Crypto in Southeast Asia

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by Giorgi Kostiuk

2 days ago


Coinfest Asia 2025 has become a significant platform for discussing the future of the crypto market in Southeast Asia, where Bybit, led by Ben Zhou, showcased its focus on Indonesia.

Ben Zhou's Contribution to Indonesia's Crypto Ecosystem

At Coinfest Asia, Ben Zhou participated in a discussion with Steven Suhadi, Co-founder of Coinfest Asia and founder of Indonesia Crypto Network. During the talk, Zhou emphasized the importance of Indonesia's rapid adoption of digital assets, especially among the youth. He noted that regulatory clarity is key to sustaining this momentum.

> "Indonesia shows how education, youth participation, and progressive regulation can combine to build a thriving crypto ecosystem," said Zhou.

Bybit x Tether: Evening Gathering in Bali

Alongside the main conference, Bybit partnered with Tether APAC to host an evening event, 'After Sunset' in Bali, bringing together Bybit VIPs, Indonesian regulatory representatives, and key opinion leaders. In his opening remarks, Zhou highlighted Indonesia’s rapid growth in crypto participation and the supportive role of the government.

> "Regulation is not a hurdle, but a foundation for sustainable growth," Zhou stated.

Future of Crypto in Indonesia and Regulatory Roles

During the meeting, discussions covered the trend of tokenizing real-world assets and the role of stablecoins in enabling access and financial inclusivity in emerging markets. Zhou pointed out that successful implementation of new technologies requires time and careful planning, particularly in the context of aligning innovation with regulatory clarity.

The discussions at Coinfest Asia 2025 underline the steady growth of the crypto market in Indonesia and the importance of regulatory support for building a sustainable ecosystem.

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