The Indonesian Financial Services Authority (OJK) has released a list of 29 officially licensed cryptocurrency asset trading platforms authorized to operate legally in the country.
The move is part of OJK's efforts to strengthen consumer protection and regulate digital financial assets. Only the companies on the list are legally authorized to offer cryptocurrency trading and related services in Indonesia, OJK said. The regulator also unveiled four licensed digital asset market infrastructure providers covering exchange, clearing and custody services.
The OJK advised the public to check the legal status of cryptocurrency providers and be wary of unrealistic profit claims. Platforms on the list include Indodax, Tokocrypto, Pintu, Luno, Upbit and Pluang.
Cryptocurrency regulation has been transferred from the Commodity Futures Regulator (Bappebti) to the OJK under Law No. 4 of 2023, and operating without a license will face a jail term of five to 10 years and a fine of 1 billion to 1 trillion rupiah. (Techinasia)
The Indonesian Financial Services Authority has announced the list of 29 licensed cryptocurrency exchanges
2025-12-22 05:38:52
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