Indonesia
IndonesiaA commodity market turned financial market: OJK now licenses the full crypto stack and 23 million accounts trade onshore.
Key Regulatory Progress
Every law, rule and official guide on crypto in Indonesia: 5 apply today, and the rest show what's coming and how regulators read the rules. Each is explained in plain words and linked to the official original.
Last checked against the originals on 5 Oct 2026.
Core framework
The primary statutes that define crypto assets and who may deal in them.
- In forceApplies today
OJK Regulation No. 23 of 2025 amending POJK 27/2024
POJK Nomor 23 Tahun 2025 tentang Perubahan atas POJK Nomor 27 Tahun 2024
Adopted 31 October 2025 and in force from 10 November 2025. Brings digital asset derivatives under OJK licensing and moves customer funds into segregated accounts held in the clearing house's name at OJK-licensed commercial banks, with 12 months (extendable) to adjust.
Read the original - In forceApplies today
OJK Regulation No. 27 of 2024 on the Implementation of Trading in Digital Financial Assets Including Crypto Assets
POJK Nomor 27 Tahun 2024 tentang Penyelenggaraan Perdagangan Aset Keuangan Digital Termasuk Aset Kripto
The core crypto rulebook, issued 10 December 2024 and effective 10 January 2025 when OJK took over from Bappebti. Sets licensing, capital, custody (at least 70% with a licensed custodian) and listing rules for exchanges, clearing houses, custodians and traders.
Read the original
Exchanges & custody
Licensing, conduct and custody rules for trading platforms and service providers.
- In forceApplies today
OJK Board Member Regulation (PADK) No. 3 of 2026 on the Implementation of Trading in Digital Financial Assets Including Crypto Assets
PADK Nomor 3 Tahun 2026
Issued 30 June 2026 and effective 1 September 2026, following POJK 23/2025. Sets how platforms report asset list evaluations, monthly, quarterly, annual and incidental reports, and how clearing houses notify derivatives clearing. It revokes SEOJK 20/2024, with a few provisions running until 1 January 2027.
Read the original - In forceApplies today
Grant of Business License to PT Fortuna Integritas Mandiri as a Digital Financial Asset Exchange
Pemberian Izin Usaha Penyelenggara Bursa Aset Keuangan Digital Termasuk Aset Kripto PT Fortuna Integritas Mandiri
Announces decision KEP-2/D.07/2026 licensing ICEx as Indonesia's second crypto exchange, ending CFX's monopoly.
Read the original - GuidanceNot binding law
List of Digital Financial Asset Trading Providers as of 22 September 2026
OJK's latest register of licensed providers, with each licence decision and date: two exchanges, two clearing houses, two custodians and 28 trading platforms.
Read the original - GuidanceNot binding law
FAQ on POJK 27/2024 on Digital Financial Asset Trading Including Crypto Assets
OJK's official Q&A on the transition from Bappebti. Explains that each exchange, not the regulator, now sets the list of tradable crypto assets.
Read the original - SupersededReplaced
OJK Circular No. 20/SEOJK.07/2024 on the Implementation of Trading in Digital Financial Assets Including Crypto Assets
SEOJK Nomor 20/SEOJK.07/2024
The first implementing circular for POJK 27/2024, effective 10 January 2025. PADK 3/2026 revoked it: section VI points 1 to 5 and Annex V from 1 July 2026, the rest from 1 September 2026, except section VI points 6 and 7 and Annex VIII A, which lapse on 1 January 2027.
Read the original - SupersededReplaced
Bappebti Regulation No. 8 of 2021 on Guidelines for Physical Crypto Asset Market Trading on Futures Exchanges
Peraturan Bappebti Nomor 8 Tahun 2021 tentang Pedoman Penyelenggaraan Perdagangan Pasar Fisik Aset Kripto di Bursa Berjangka
The commodity-era rulebook that created the bourse, clearing, custodian and trader structure OJK inherited. Superseded when supervision moved to OJK in January 2025.
Read the original
Stablecoins & payments
Issuance, reserve and redemption rules for fiat-referenced tokens and payment tokens.
- GuidanceNot binding law
Press Release: September 2026 Board of Commissioners Meeting (SP 185/OJK/DKPU/X/2026)
Siaran Pers RDK September 2026
Reports seven sandbox graduates, including a rupiah stablecoin issuer and gold, securities and property tokenization models, which may now register without further testing. Also gives 34 licensed entities, 23.21 million accounts and August trading value.
Read the original
Tax
How gains, income and transactions are taxed.
- In forceApplies today
Minister of Finance Regulation No. 50 of 2025 on VAT and Income Tax on Crypto Asset Trading
PMK Nomor 50 Tahun 2025
Issued 25 July 2025 and effective 1 August 2025, replacing PMK 68/2022. Buyers no longer pay VAT, and income tax is 0.21% final on licensed local platforms and 1% on designated foreign ones.
Read the original - GuidanceNot binding law
Buying Crypto Is No Longer Subject to VAT
Beli Kripto Tidak Lagi Kena PPN
DJP guidance confirming that, from 1 August 2025, buying crypto through a licensed platform no longer carries VAT.
Read the original - GuidanceNot binding law
PMK 50/2025: A New Chapter in Crypto Asset Taxation
PMK 50/2025: Babak Baru Pemajakan Aset Kripto
The tax authority's explanation of the 2025 crypto tax overhaul and why it moved from the PMK 68/2022 model.
Read the original
Investor protection
Market abuse, disclosure, advertising and retail safeguards.
- GuidanceNot binding law
Digital Financial Asset and Crypto Asset Statistics
Statistik Aset Keuangan Digital dan Aset Kripto
OJK's periodic statistics on crypto consumers, trading value and market infrastructure since the handover from Bappebti.
Read the original - GuidanceNot binding law
Press Release: OJK Issues Whitelist of Licensed and Registered Digital Financial Asset and Crypto Asset Providers
Siaran Pers: OJK Terbitkan Whitelist Penyelenggara Perdagangan Aset Keuangan Digital dan Aset Kripto Berizin/Terdaftar
Publishes the names, apps and websites of every licensed platform and market infrastructure provider. Warns the public that anything outside the whitelist is unlicensed.
Read the original
Banks & prudential
What banks may hold, custody or issue.
- GuidanceNot binding law
Bank Indonesia Warns All Parties Not to Sell, Buy or Trade Virtual Currency
Bank Indonesia Memperingatkan Kepada Seluruh Pihak Agar Tidak Menjual, Membeli atau Memperdagangkan Virtual Currency
States that virtual currency is not legal tender under the Currency Law (UU 7/2011) and bars payment system operators from processing it. The payment ban still stands.
Read the original
CBDC & tokenised money
Central-bank digital currency and tokenised deposit programmes.
- GuidanceNot binding law
Proof of Concept of Project Garuda, a New Chapter in Digital Rupiah Exploration
Proof of Concept Proyek Garuda, Babak Baru Eksplorasi Rupiah Digital
Announces completion of the first wholesale Digital Rupiah proof of concept on distributed ledger technology.
Read the original - GuidanceNot binding law
Project Garuda: Navigating the Architecture of Digital Rupiah
BI's Digital Rupiah hub, with the November 2022 white paper and later consultative papers. BI is starting with a wholesale CBDC before any retail rollout.
Read the original
Spotted on regulators' sites · All changes
- 2026.10.23Indonesia issues new VAT and Income Tax regulation on crypto asset trading
- 2026.10.20Indonesia: VAT and Income Tax on Crypto Asset Trading (PMK 50/2025)
- 2026.10.18Indonesia issues new crypto tax regulation: PMK 50 of 2025
- 2026.10.17Indonesia's BI releases CBDC white paper and consultative paper, conducts PoC
- 2026.10.17Bappebti Strengthens Digital Gold Literacy Through Educational Seminars
- 2026.10.11Indonesia's MoF releases Infographic for Crypto Tax Regulation
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