Crypto Law Profile
Indonesia’s POJK 27/2024 creates OJK’s trading regime for digital financial assets including crypto assets, with licensing, asset-list, governance, custody, reporting, consumer-protection, and AML/CFT obligations.
OJK Regulation No. 27/2024 on Digital Financial Assets Trading Including Crypto Assets is Indonesia’s core OJK rule for the trading of digital financial assets, including crypto assets. The official Indonesian title is Peraturan Otoritas Jasa Keuangan Republik Indonesia Nomor 27 Tahun 2024 tentang Penyelenggaraan Perdagangan Aset Keuangan Digital Termasuk Aset Kripto. The regulation was stipulated on Dec. 10, 2024, promulgated on Dec. 12, 2024, and took effect on Jan. 10, 2025. As of June 5, 2026, the rule is active and has been amended by POJK No. 23 of 2025.
The regulation implements Indonesia’s post-P2SK Law transfer of crypto and digital financial asset oversight from Bappebti to the Financial Services Authority, or OJK. OJK states that the handover minutes and memorandum of understanding for the transfer were signed on Jan. 10, 2025, and that licensing requirements for digital financial asset and crypto-asset trading now refer to POJK 27/2024, POJK 23/2025, and SEOJK 20/SEOJK.07/2024.
POJK 27/2024 defines a digital financial asset as a financial asset stored or represented digitally, including crypto assets. It defines crypto assets as digital representations of value that may be stored and transferred using distributed-ledger technology such as blockchain, are not guaranteed by a central authority such as a central bank, and may include backed and unbacked crypto assets.
The regulated trading ecosystem includes exchanges, clearing-guarantee and settlement institutions, digital asset storage providers, digital financial asset traders, and other parties designated by OJK. These organizers must obtain OJK business licenses, with traders also treated as financial sector technological innovation and digital financial asset organizers.
Digital financial assets traded in Indonesia’s digital financial asset market must satisfy statutory criteria, including DLT-based issuance, storage, transfer, or trading, and must not come from or be used in unlawful activity. POJK 27/2024 also states that it does not regulate initial offerings of digital financial assets. OJK may evaluate traded digital financial assets and can prohibit or order cessation of trading in specific assets.
For crypto assets, the exchange is responsible for setting the official crypto asset list. Trading organizers may not trade crypto assets outside the list, and exchanges must apply prudential and consumer-protection principles when analyzing assets for listing.
The regulation requires organizers to operate trading in a regular, fair, transparent, and efficient manner while applying governance, risk management, market integrity, system security, consumer protection, AML/CFT controls, personal-data protection, and other legal requirements. Business license applications are submitted through OJK’s licensing system.
Customer money and digital assets are subject to placement and custody rules. Consumers must first place transaction funds in a separated account or digital financial assets in a trader wallet, and placement of digital assets applies travel-rule principles. Traders must place 100% of managed customer funds with the clearing-guarantee and settlement institution, and the regulation sets wallet, due-diligence, and security controls for storage providers.
POJK 27/2024 also imposes market-abuse prevention, monitoring, and incident-reporting duties, plus periodic reporting obligations including daily, monthly, quarterly, and annual reports. Consumer-facing information must be clear, complete, accurate, honest, accessible, and not misleading, and trading organizers remain subject to OJK consumer-protection, anti-fraud, AML/CFT, and personal-data rules.
POJK 23/2025 amended POJK 27/2024 in 2025. OJK said the amendment was designed to strengthen and broaden the digital financial asset trading framework, including coverage of digital financial assets beyond crypto assets and digital financial asset derivatives. The amendment also introduced rules for derivative trading approval, margin placement, and knowledge tests for consumers trading digital financial asset derivatives.
For CryptoSlate readers, the profile should therefore be treated as Indonesia’s active digital financial asset trading regime, rather than a narrow crypto-exchange-only rule. It does not cover initial digital asset offerings, and editors should review POJK 23/2025 and implementing OJK circulars when updating derivatives, reporting, licensing, or transition details.
Covers exchanges, clearing-guarantee and settlement institutions, storage providers, traders, and other parties designated by OJK.
Requires digital financial asset trading organizers to obtain OJK business licenses before operating.
Limits market trading to digital financial assets meeting DLT, legal-compliance, and OJK criteria; initial offerings are outside this POJK.
Requires the Exchange to set the crypto asset list, bans trading outside the list, and allows OJK to order asset suspension or removal.
Requires separated customer fund placement, trader wallet placement for digital assets, travel-rule treatment, and custody security controls.
Requires prevention and monitoring of market abuse, incidental reporting to OJK, and periodic daily, monthly, quarterly, and annual reports.
Requires compliance with consumer-protection, anti-fraud, AML/CFT, and personal-data rules, with transition timing for governance and data controls.
Expands the framework to digital financial assets beyond crypto assets and digital financial asset derivatives, including margin and knowledge-test features.
OJK stipulated POJK 27/2024 on digital financial assets trading including crypto assets.
The regulation was promulgated in Jakarta by Indonesia’s Minister of Law.
OJK issued the implementing circular for POJK 27/2024 on notices, evaluations, fit-and-proper tests, business plans, and reporting.
OJK’s handover from Bappebti was signed, and POJK 27/2024 became effective.
The Exchange had three months from POJK 27/2024’s effective date to establish the crypto asset list for transition assets.
Organizers had six months from POJK 27/2024’s effective date to meet governance, personal-data, and consumer-protection provisions.
POJK 23/2025 came into force on promulgation and amended POJK 27/2024.
Bappebti, OJK
Crypto assets, Crypto derivatives, Digital financial assets
Regulatory regime, not a legislative bill. This profile covers POJK 27/2024 as Indonesia’s OJK-administered trading framework for digital financial assets including crypto assets, as amended by POJK 23/2025.
