Pro-Crito candidate won the VP slot in the Indonesian presidential race

In the elections held in Indonesia, the vice presidential candidate Gibran Rakabuming Raka, who ran on a ticket with presidential candidate Prabowo Subianto, has reportedly won the race.

In the year According to a February 14 Reuters report, unofficial polls showed Prabowo and Gibran winning the Indonesian presidency with 58 percent of the vote. Surakarta Mayor Gibran reportedly said in December 2023 that his political party plans to focus on providing opportunities for Indonesia's young population in the crypto and blockchain space.

“We are grateful for the quick count results. “All the calculations, including all the polls on the side of our rivals, the figures are Prabowo-Gibran won by one round.” Prabowo said. We will assemble a government made up of the best men and women of Indonesia.

At the time of publication, 86% to 95% of the votes had been counted: unofficial results put Prabowo and Gibran ahead of rivals Anis Basedan and Ganjar Pranowo. The official results of the election may come by March 20, with the inauguration expected on October 20.

Gibran is the son of Indonesian President Joko Widodo, who has been in office since October 2014. Before being added to the ticket, laws require the candidate for the vice president to be 40 years or older – Gibran is 36 – but the Indonesian court excepts regional leaders.

Related: Indonesia targets to launch national crypto exchange by June

With over 277 million people, Indonesia is the fourth most populous country in the world, home to more than 17,000 islands stretching thousands of kilometers from its eastern to western borders. The Indonesian government has launched a national cryptocurrency exchange in July 2023, saying it will be the only place in the country where legal exchange of digital assets is allowed.

Outside of its national exchange, Indonesia does not allow the general public to use cryptocurrency to pay for goods and services. In May 2023, the governor of Bali, a popular tourist destination for Australians and other expats, warned that visitors who used crypto payments would be “severely dealt with”.

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