OJK names 29 approved digital asset platforms as global crypto firms expand into Southeast Asia
Indonesia has taken a major step toward strengthening oversight of its fast-growing crypto market by publishing an official list of licensed digital asset trading platforms. The move provides clarity for investors and arrives as international exchanges accelerate efforts to establish a regulated presence in the country.
The Financial Services Authority of Indonesia (OJK) has formally identified 29 licensed crypto and digital asset trading platforms authorized to operate domestically. The list includes the names of licensed entities and their associated applications, giving users a clear reference to verify whether a platform is legally approved. OJK has warned the public to avoid trading on unlisted platforms, which are considered unlicensed.
The announcement coincides with growing interest from global crypto and fintech firms. Indonesia is increasingly viewed as a strategic market due to its large and rapidly expanding investor base, including millions of crypto traders. Several international companies have recently secured local licenses or acquired regulated Indonesian firms to gain market access, signaling confidence in the country’s regulatory direction.
The whitelist follows the implementation of OJK Regulation No. 23/2025, which tightens supervision of crypto assets and related derivatives. Under the rules, exchanges may only facilitate trading in approved and registered digital assets. The framework also introduces stricter requirements for crypto derivatives, including prior regulatory approval, segregated margin mechanisms, and mandatory knowledge assessments for users.
Indonesia continues to rank among the world’s fastest-growing crypto markets, driven by high retail participation and increasing institutional interest. The combination of clearer licensing rules and investor protection measures positions the country as a key hub for regulated crypto activity in Southeast Asia.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.