|

Indonesia’s OJK Whitelists 29 Licensed Crypto Platforms: See Who Made the Cut

Indonesia’s Financial Services Authority, often known as OJK, has formally revealed a whitelist of 29 licensed crypto and digital monetary asset buying and selling platforms, formally noting a public document of firms which might be legally allowed to function in the nation.

The transfer is a part of a broader regulatory effort to tighten oversight, strengthen client safety, and convey order to one in every of Southeast Asia’s fastest-growing crypto markets.

Who Made the Cut? An inventory of crypto platforms that made the OJK Whitelist

The whitelist, released on December 19, 2025, names platforms which have both obtained full licenses from OJK, known as PAKD, or are registered as potential merchants underneath the CPAKD class whereas finishing their approval course of.

OJK mentioned the listing is meant to function an official reference level for customers, permitting them to confirm whether or not a crypto platform or software is correctly licensed and working underneath regulatory supervision earlier than buying and selling.

Among the absolutely licensed platforms are a few of Indonesia’s most established crypto exchanges, together with Indodax, Pintu, Pluang, Reku, Upbit Indonesia, Stockbit Crypto, Tokocrypto, Triv, Nanovest, Bittime, CoinX, Cyra Exchange, BTSE Indonesia, and Ajaib Kripto.

Source: OJK

OJK additionally listed a number of potential merchants nonetheless present process the licensing course of, together with Luno Indonesia, Fasset, Digitalexchange.id, and Crypto Warehouse, which stay underneath regulatory supervision.

Beyond buying and selling platforms, the authority confirmed the core infrastructure supporting the digital asset market.

PT Bursa Komoditi Nusantara, working as CFX, is listed as the licensed digital asset change, whereas PT Kliring Komoditi Indonesia serves as the clearing and settlement establishment.

Custody providers are dealt with by PT Kustodian Koin Indonesia and PT Tennet Depository Indonesia, that are answerable for safeguarding consumer property.

OJK Takes the Helm as Indonesia Tightens Control Over Crypto Markets

The publication follows the formal switch of regulatory authority over crypto and digital monetary property from Indonesia’s commodities regulator, Bappebti, to OJK, a shift mandated underneath Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector.

Under the legislation, all digital monetary asset service suppliers should meet licensing requirements set by OJK or Bank Indonesia, with unlicensed operations topic to felony penalties, together with jail sentences and substantial fines.

The regulator warned that platforms working exterior the listing are usually not licensed or supervised and due to this fact current heightened dangers to shoppers.

It additionally cautioned towards faux hyperlinks, lookalike domains, and promotions unfold by way of social media or personal messaging teams, significantly these framed as academic applications or funding communities that promote unapproved platforms.

Indonesia Tightens the Screws on Crypto as Millions of Users Fuel Market Growth

The whitelist comes alongside tighter guidelines under OJK Regulation No. 23/2025, which strengthens oversight of digital monetary property and associated derivatives.

The regulation bars exchanges from facilitating trades in property that aren’t registered or permitted and introduces stricter necessities for derivatives buying and selling, together with margin mechanisms, segregated funds, and necessary data assessments for customers.

Indonesia’s regulatory push is unfolding as the nation cements its standing as a significant world crypto market.

Chainalysis ranked Indonesia amongst the world’s prime ten for crypto adoption in 2025 and first in Southeast Asia, reflecting tens of hundreds of thousands of customers throughout digital property and capital markets.

The nation is house to round 17 million crypto merchants and greater than 19 million capital market traders, according to current knowledge.

The publish Indonesia’s OJK Whitelists 29 Licensed Crypto Platforms: See Who Made the Cut appeared first on Cryptonews.

Similar Posts