April 15, 2026
Bali Becomes The Target Market For Crypto Asset Trading

BADUNG – Bali is one of the targets of the crypto asset trading market for digital asset providers because it is considered to have its own market segment in the modern digital finance industry.

One of those who saw the opportunity was Fasset, a trading platform for crypto assets from Dubai, United Arab Ernirates.

Country Director of Fasset Indonesia Putri Madarina in an event entitled “Fasset From Dubai to the World”, said that Bali, especially the Canggu area, was chosen because of its strategic location to bring together global innovation with local potential.

Canggu yang dikenal sebagai pusat komunitas digital nomad yang dinamis memberi peluang bagi Fasset untuk memperkuat serta memfasilitasi ruang kolaborasi antara komunitas lokal Bali dan pengunjung internasional.

“This spirit is in line with the concept of ‘From Dubai to the world’, where we want to build an indefinite future financial ecosystem, connect global innovation with local potential, and pave the way for long-term collaboration,” Putri said as quoted by ANTARA, Friday, August 22.

Putri explained that in addition to strengthening networks between industry players, the event, which is part of the Coinfest Asia Week 2025 series, is also a momentum for Fasset to introduce its latest initiative in expanding access to secure, regulated, and easily accessible digital assets, both by the Indonesian people and the global community.

In the event, Fasset had the opportunity to introduce innovations in the form of a Fasset Card, a payment card supported by USDT (USDT-backed card) that can make it easier for users to access and take advantage of digital assets practically in their daily lives.

The launch of the Fasset Card in Indonesia will be carried out after all required licensing processes are completed and in accordance with regulatory provisions.

As for Fasset, the crypto asset trading platform from Dubai, United Arab Emirates is a platform that has official permission to trade crypto assets officially in both Indonesia and the United Arab Emirates.

According to Putri, as of July 2025 or the first half of this year, Fasset has posted a transaction volume of US$1 billion which confirmed its position as one of the leading global players in the digital asset industry.

“In addition, Fasset also affirms its commitment as a sharia-based digital asset platform, either through a selective digital asset curation process by Mufti Faraz Adam as an independent sharia advisor to Fasset on a global scale, or through breakthroughs such as cooperation with well-known institutions to provide Crypto Zakat services,” said Putri Madarna.

Meanwhile, SVP Marketing and Growth Fasset Global Saad Pall said that currently, the Fasset Card waiting list on the global market has received an extraordinary response.

For the Indonesian market, the planned development and launch of the Fasset Card will be carried out through a strategic partnership with Mastercard and also support from one of the national major banks.

Fasset Card combines the convenience of traditional banking services with digital asset technology innovations.

“Indonesia is one of our next priority markets, and we are committed to presenting it in the near future with safe, regulated service standards, and as well as a practical and efficient use experience,” said Saad.

Saad said Coinfest Asia 2025 is certainly an important momentum for Fasset to strengthen its presence in the Asian market, especially Indonesia.

Fasset hopes to build long-term relationships that are beneficial for the Web3 ecosystem, and continue to strengthen cooperation with various parties, including governments, communities, and other financial institutions.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language.
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