JAKARTA – The Indonesian government has officially included crypto assets as one of the objects that can be confiscated by the state in the process of settling receivables.

This policy is contained in the Minister of Finance Regulation (PMK) Number 23 of 2026 which was signed by the Minister of Finance Purbaya Yudhi Sadewa on April 27, 2026.

The regulation, which is an update of PMK Number 240/PMK.06/2016, states that the state through the State Debt Management Committee (PUPN) has a wider authority in managing seized assets, including cryptocurrencies, without requiring the consent of the debtor.

In addition, Article 233 expands the scope of the object of seizure which now includes cash, digital…