The latest developments of Qianan Company have sparked heated discussions in the industry. According to Bloomberg, the company is negotiating cooperation with the richest family in Indonesia and plans to set up a new exchange in Indonesia. This news has not only attracted the attention of investors, but also aroused extensive discussion among industry insiders. Let us explore this highly concerned topic in depth.

Qianan Company's choice to set up an exchange in Indonesia is undoubtedly a forward-looking move. As one of the largest economies in Southeast Asia, Indonesia has a large population base and huge market potential. As Indonesia's economy continues to grow and develop, the financial market has also shown vigorous vitality, attracting more and more international investors. Qianan Company has seized this opportunity and hopes to further expand its influence and competitiveness in the Asian market by setting up an exchange in Indonesia.

From a strategic perspective, Qianan Company's cooperation negotiations with the richest family in Indonesia mean that both parties are optimistic about the prospects and potential of this cooperation. The richest family in Indonesia has abundant resources and influence in the local economic and financial fields. Cooperation with them will lay a solid foundation for Qianan Company in the Indonesian market. The cooperation between the two parties will inject new vitality into the Indonesian financial market and promote the further improvement and development of the local financial system.

Qian'an's choice to set up a new exchange in Indonesia must have been based on well-thought-out strategic considerations. The new exchange will provide more diversified investment options for local investors, more convenient channels for corporate financing, and promote the development and growth of Indonesia's financial market. Qian'an's move will further promote exchanges and cooperation between Indonesia and the international financial market and help the comprehensive development of Indonesia's economy.

In general, Qian'an's establishment of a new exchange in Indonesia and its negotiation of cooperation with the richest family in Indonesia are milestone initiatives. This will not only bring new opportunities for Qian'an to expand into the Asian market, but will also inject new vitality into the Indonesian financial market and help the continued prosperity and development of Indonesia's economy. We look forward to fruitful results from the cooperation between the two sides and to contributing to the prosperity and development of the local financial market.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

According to reports, Binance is seeking to establish a partnership with Indonesia's richest family, the Hartono family, and the brothers of the Huang family are the largest shareholders of Bank Central Asia (BCA), Indonesia's largest private bank.

Citing people familiar with the matter, Bloomberg News on Friday reported that Binance intends to set up a cryptocurrency exchange in Indonesia, and is currently negotiating with Bank Central Asia, which is controlled by Indonesian tycoons Michael Bambang Hartono and Robert Budi Hartono, and Telkom Indonesia, Indonesia's largest state-owned telecommunications company.

According to reports, Bank Central Asia may establish a partnership with Binance through an affiliate. In response, a representative of Bank Central Asia told Bloomberg that no potential transaction related to Binance had been discussed at the board meeting.

On the other hand, a Binance spokesperson told CoinDesk that Binance's policy is not to comment on rumors or speculation. The spokesperson added: We support the sustainable development of the global blockchain industry, and we are always looking for business opportunities in every country.

However, the Indonesian Islamic Religious Council (MUI) believes that cryptocurrencies are not halal (Haram) because of their uncertainty, gambling and harmfulness, and violate Islamic law (Sharia), and advocate that Muslims should be prohibited from using crypto assets as currency.

This may mean that if Binance is finally able to enter the Indonesian market, in the worst case, its target customer base can only be locked in other Protestant, Catholic, Hindu, Buddhist people, and of course, the relatively wealthy Chinese Indonesians who account for less than 5% of the country's total population.