📅 Dates: August 20–21, 2026
📍 Location: Bali, Indonesia
Coinfest Asia 2026 Brought Together Global and Indonesian Industry Leaders to Discuss the Future of Digital Assets
Bali — Coinfest Asia, The World’s Crypto Festival, took place on August 20–21, 2026, across five beach clubs in the Melasti Beach area of Bali. The festival combined discussions on regulation and key market issues, business networking, and community engagement, bringing together 10,000 participants from 90 countries.
Attendees at Coinfest Asia 2026 in Bali. Photo: Coinfest Asia
Coinfest Asia has been held since 2019 and has grown from a crypto community gathering into one of Asia’s key meeting points for participants in the digital asset industry.
According to Steven Suhadi, Founder of Indonesia Crypto Network (ICN), the organizer of Coinfest Asia, this growth is not only about expanding the scale of the event, but also about creating a distinctive experience for participants across the digital asset ecosystem.
“The industry already has many conferences. But Coinfest takes a different approach: it is a place where trust can truly be built between regulators and industry players, investors and founders, as well as global companies and local ecosystems. The festival format is not simply about aesthetics, but a deliberate design to craft deeper insights and create a platform where online communities become real-world relationships,” Steven said.
Coinfest Asia Brought Together Indonesian and Global Industry Leaders
Representatives from Indonesia’s Ministry of Investment, House of Representatives (DPR), and Financial Services Authority (OJK) at Coinfest Asia 2026. Photo: Coinfest Asia.
A number of prominent Indonesian figures attended the event, including Mukhamad Misbakhun, Chairman of Commission XI of the Indonesian House of Representatives (DPR RI); Todotua Pasaribu, Vice Minister of Investment and Downstreaming and Deputy Head of BKPM; Adi Budiarso, Chief Executive of Financial Technology Innovation, Digital Financial Assets and Crypto Assets Supervision at the Financial Services Authority (OJK); Pantro Pander Silitonga, Executive Director of the National Economic Council (DEN); Kai Hamza Pang, CEO of ICEx Group; William Sutanto, Co-Founder and CEO of INDODAX; and many others.
The festival was also attended in person by global industry leaders, including Alexander Svanevik, CEO of Nansen; Vugar Usi, CEO of MEXC Ventures; Angela Ang, Managing Director, APAC and President of Singapore at BitGo; and Chengyi Ong, Director of Policy and Regulatory Strategy, APAC at Circle. Yi He, Co-Founder and Co-CEO of Binance, and Charles Hoskinson, Founder and CEO of Input Output, joined the event virtually.
From Stablecoins to Indonesia’s Plans for an International Financial Center
Industry leaders and experts discussed the future of stablecoins during a session at Coinfest Asia 2026. Photo: Coinfest Asia.
Regulation, stablecoins, asset tokenization, and institutional adoption were among the key topics at Coinfest Asia 2026. The discussions reflected the increasingly close relationship between digital assets and the traditional financial sector.
In Indonesia, these developments also intersect with the government’s vision of building a financial center connected to global markets. Pantro Pander Silitonga, Executive Director of DEN, presented the vision for the Indonesia International Financial Center (IIFC), which is projected to have the potential to attract approximately Rp300–500 trillion (US$16.9–28.1 billion) in investment.
“Financial services will be at the core, from banking and insurance to private equity. We also want to bring in new asset classes, including crypto, as part of this development. Let’s work together to develop this market,” Pantro said.
From a regulatory perspective, Mukhamad Misbakhun, Chairman of Commission XI of the DPR RI, emphasized the importance of preserving room for innovation. He also sees potential for tokenization to be applied to various assets in Indonesia, including mining, property, and infrastructure.
“Supervision must not hinder innovation. We must not allow regulation to kill innovation,” Misbakhun said.
Meanwhile, Yi He, Co-Founder and Co-CEO of Binance, noted that the industry’s challenge is shifting from proving that blockchain works to demonstrating how the technology can deliver tangible benefits to society at scale.
“Our challenge today is no longer proving that blockchain can work, but showing that the technology can truly benefit society at scale,” Yi He said.
That view was echoed by Charles Hoskinson, Founder and CEO of Input Output, who believes that Web3 and traditional financial systems will continue moving closer together as 2030 approaches.
“The question is, how do we bring these two worlds together?” Hoskinson said.
According to Hoskinson, the development of stablecoins, real-world assets, regulation, privacy technologies, and AI will be part of the next phase of the digital asset market.
“The revolution is far from over. In fact, it is only just beginning,” he said.
Expanding Business and Industry Connections
Coinfest Asia 2026 featured the Institutional Summit, a curated closed-door forum supported by ICEx, CACI, and ICC, representing digital asset trading, clearing, and custody infrastructure.
The summit brought together regulators, financial institutions, technology companies, and market participants to discuss strategic issues and explore opportunities for collaboration. Representatives from the Financial Services Authority (OJK), Bank Indonesia (BI), Danantara Indonesia, the Indonesia Stock Exchange, Bappenas, and the Indonesian Chamber of Commerce and Industry (KADIN) joined participants from BRI, Superbank, Xendit, Tether, Coinbase, BitGo, and other companies.
Regulators, financial institutions, and digital asset market participants at the Institutional Summit during Coinfest Asia 2026. Photo: Coinfest Asia.
The sessions covered asset tokenization and the use of stablecoins for institutional needs, including “Tokenization: Which Assets Will Actually Scale in Asia?” and “Stablecoins in Asia: From Crypto Settlement to Real Corporate Payments.”
Chairman of Commission XI of the DPR RI Mukhamad Misbakhun noted that the ability to bring different groups together is one of Coinfest Asia’s strengths.
“At Coinfest Asia, industry players, regulators, and investors meet in the same space. In my view, a format like this is not only interesting, but should also continue to be strengthened and expanded in the future,” he said.
This approach enabled regulators and market participants to exchange perspectives, better understand the needs of different sectors, and build relationships that can continue to develop beyond Coinfest Asia 2026.
From Product Development to Trading Competition
The Alpha Arena Trading Competition Grand Final, powered by MEXC Ventures, at Coinfest Asia 2026. Photo: Coinfest Asia.
Beyond industry and institutional discussions, Coinfest Asia also served as the final stage for several programs that had started ahead of the event.
Protocol Camp Cohort 9, a builder program by ShardLab developed in collaboration with the Ministry of Creative Economy (EKRAF), concluded with a Final Demo at Coinfest Asia. Six Indonesian talents presented the Web3 and AI products they had developed.
On the trading side, the Alpha Arena Grand Final brought together traders from across Asia for a live trading competition with a total prize pool of US$100,000, supported by MEXC Ventures.
Together, the two programs highlighted the broader scope of Coinfest Asia: the event went beyond policy and institutional development to also include product development, talent, and market activities.
Coinfest Asia 2026 was supported by companies across the digital asset, technology, and financial sectors, including ICEx Group (ICEx, CACI, ICC), MEXC Ventures, INDODAX, CFX, and many more.
About Coinfest Asia
Coinfest Asia has been held since 2019 and is organized by Coinvestasi, part of Indonesia Crypto Network (ICN). What began as a small crypto community gathering in Jakarta has grown into a global crypto festival that today provides a space for communities and market participants to connect, collaborate, and contribute to the development of digital assets across Asia and beyond.
🔗Follow the latest news and updates from Coinfest Asia on the organizer’sofficial website.