When it comes to Crypto Regulations Indonesia, the legal framework governing cryptocurrency trading, exchanges, and user compliance within Indonesia. Also known as Indonesian crypto laws, it's no longer a gray area—these rules are enforced, monitored, and carry real penalties. The government doesn’t ban crypto—it just wants you to play by their rules. Since 2019, the Commodity Futures Trading Regulatory Agency, or BAPPEBTI, Indonesia’s official regulator for derivatives and crypto trading. Also known as Bappebti, it has been the only body allowed to license digital asset exchanges. No platform can operate legally without its approval.
That means if you’re trading on a platform like Binance or Bybit in Indonesia, you’re technically using an unlicensed service—even if it’s popular. The only exchanges with BAPPEBTI licenses are local ones like Pintu, Tokocrypto, and Indodax. These platforms must follow strict KYC crypto, the process of verifying a user’s identity before allowing crypto transactions. Also known as Know Your Customer, it rules: you must upload your ID, proof of address, and sometimes even a selfie. No KYC? No trading. No compliance? The exchange gets shut down. Remember Upbit’s $34 billion fine? Indonesia doesn’t need to go that far—it just blocks access and freezes assets.
And it’s not just about exchanges. The central bank, Bank Indonesia, has made it clear: crypto isn’t legal tender. You can’t use Bitcoin to pay for coffee. But you can buy, sell, and hold it—as long as you’re doing it through a licensed platform. Airdrops? Scams? Fake tokens? Those are all high-risk, and the government is cracking down. Posts in this collection show how platforms like YodeSwap and LongBit vanished overnight, and how fake airdrops like CovidToken and HyperGraph are pure traps. Indonesia’s rules are simple: if it’s not on BAPPEBTI’s list, it’s not safe. If it doesn’t verify your identity, it’s illegal. If it promises free crypto with no effort, it’s a scam.
You don’t need to be a lawyer to stay compliant. Just stick to licensed exchanges, never skip KYC, and ignore any offer that sounds too good to be true. The crypto world moves fast, but Indonesia’s rules haven’t changed—they’re just getting stricter. What you’ll find below are real reviews of exchanges, breakdowns of enforcement actions, and warnings about scams that target Indonesian traders. These aren’t theoretical risks. People lost money. Platforms disappeared. And the regulators didn’t blink.
Indonesia shifted crypto regulation from commodity trading to financial oversight in 2025. Learn how OJK now controls crypto, the new tax rules, capital requirements, and what's still banned.