Crypto regulation in Indonesia

The regulator and the framework

Crypto asset trading in Indonesia is supervised by the Otoritas Jasa Keuangan (OJK), the Financial Services Authority. The OJK took over this role from the Commodity Futures Trading Supervisory Agency, known as Bappebti, on 10 January 2025, as part of a wider financial sector reform under Law No. 4 of 2023 on the development and strengthening of the financial sector, often referred to as the P2SK Law. The move shifted crypto out of the commodity futures world and into the financial services regulator, and with it reclassified crypto from a commodity to a digital financial asset. The central rule is OJK Regulation POJK 27/2024 on the implementation of digital financial asset trading including crypto assets, amended by POJK 23/2025 in December 2025. These points carry an as of date of June 2026.

What POJK 27/2024 requires

POJK 27/2024 builds a licensing and conduct regime for the businesses that operate the market. Digital financial asset trading operators must be licensed by the OJK and meet financial thresholds, reported as a minimum paid up capital of 100 billion rupiah and a minimum equity of 50 billion rupiah, alongside requirements on governance, information systems, consumer protection, and anti money laundering. Trading is limited to assets on an approved list rather than any token an operator wishes to offer, and operators must submit periodic and incidental reports to the OJK. Existing operators that had been registered under Bappebti were given a transition period to meet the new obligations, with a compliance deadline in July 2025. The December 2025 amendment, POJK 23/2025, clarified that the scope reaches digital financial assets and their derivatives, not crypto assets alone.

The division of responsibilities

Three authorities share the field. The OJK supervises the trading of crypto as a digital financial asset, including licensing platforms and protecting consumers. Bank Indonesia oversees the payment system and the rupiah, and on that basis maintains that crypto may not be used as a means of payment, because the rupiah is the only legal tender under Law No. 7 of 2011 on Currency. The Directorate General of Taxes (DJP), under the Ministry of Finance, administers crypto tax, which was reset by PMK 50/2025 in force from 1 August 2025. So a single trade can touch all three: the OJK regulates the platform, Bank Indonesia keeps crypto out of payments, and the DJP collects the tax at the point of sale.

What this means for users

For an individual, the practical effect of the framework is that lawful crypto activity runs through a licensed platform. Buying, selling, and holding crypto is legal, trading happens on an OJK licensed operator dealing in approved assets, and the final income tax is collected at source when you sell. Using crypto to pay for goods and services remains prohibited. Because the regime is new and still being implemented, the list of fully licensed operators, the approved assets, and the detailed rules can change as the OJK works through the transition. Check a platform's current OJK status before relying on it. This is general information, not advice.

How to act

If you intend to trade in Indonesia, use a platform that is licensed by the OJK and deals in approved assets, which keeps your activity inside the supervised framework and inside the lower 0.21 percent tax collection system that applies to licensed local platforms. Keep records of your trades and their rupiah values, and confirm a platform's status and the current rules with the OJK before you act. Compare the exchanges that are genuinely available to Indonesian residents below.

Regulator and sources

• Otoritas Jasa Keuangan (OJK), ojk.go.id, OJK Regulation POJK 27/2024 on the implementation of digital financial asset trading including crypto assets, and POJK 23/2025 amending it in December 2025
• Law No. 4 of 2023 on the development and strengthening of the financial sector (P2SK Law), the basis for transferring crypto supervision to the OJK
• Otoritas Jasa Keuangan (OJK) and Bappebti, joint press release on the transfer of crypto asset trading supervision on 10 January 2025
• Bank Indonesia, bi.go.id, and Law No. 7 of 2011 on Currency, the rupiah as the only legal tender and the prohibition on crypto as a means of payment

Frequently asked questions

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