Indonesia Shifts Crypto Oversight to OJK Under New Regulation
Jakarta. Indonesia’s crypto industry has entered a new regulatory chapter as oversight transitions from the Commodity Futures Trading Regulatory Agency (Bappebti) to the Financial Services Authority (OJK). The shift, formalized under Government Regulation No. 49 of 2024, takes effect on Jan. 10, 2025.
The regulation mandates OJK to oversee digital financial assets, including cryptocurrencies, while Bank Indonesia (BI) assumes responsibility for money market and foreign exchange-based financial derivatives.
With the transition, all crypto-related activities—from trading to transaction settlements—must now comply with OJK regulations. Digital asset infrastructure is also required to adhere to newly…
