MSCI might boot Indonesia from EM index by June 2027

Reason: market dysfunction + concentrated ownership + transparency red flags

They're considering downgrading it to "Standalone Market" status

If this goes through, expect serious capital flight from Indonesian equities. EM funds would be forced to dump positions.

Not directly crypto but macro matters - regional liquidity shifts could push more SEA capital into digital assets as hedge against trad-fi uncertainty

Watch $BTC and stablecoin adoption metrics in Indonesia closely over next 18 months