When you hear OJK crypto rules, the regulatory framework set by Indonesia’s Financial Services Authority for digital asset trading and custody. Also known as OJK cryptocurrency regulations, it’s the legal backbone that decides whether a crypto exchange can operate in Indonesia, which tokens are allowed, and how users must verify their identity. This isn’t just paperwork—it’s what keeps your funds safe or puts them at risk.
The OJK, Indonesia’s Financial Services Authority, the government body that oversees banks, insurance, and now digital assets. Also known as Otoritas Jasa Keuangan, it doesn’t just watch the market—it controls it. Since 2019, OJK has required every crypto exchange operating in Indonesia to register, follow strict KYC rules, and store user funds in cold wallets. No exceptions. If an exchange doesn’t meet these standards, it’s shut down. That’s why platforms like Binance and Tokocrypto are on the list, but hundreds of others vanished overnight. The crypto exchange rules Indonesia, the specific licensing and operational standards enforced by OJK for digital asset platforms. Also known as Indonesia crypto licensing, it demands proof of financial stability, cybersecurity audits, and real-time transaction monitoring. It’s not about stopping innovation—it’s about stopping fraud.
And it’s not just exchanges. The crypto compliance Indonesia, the set of legal obligations users and businesses must follow under OJK’s digital asset framework. Also known as Indonesian crypto KYC, it affects you too. If you trade crypto in Indonesia, you’re required to use only registered platforms. You must submit your ID, proof of address, and link your bank account. No anonymous trading. No privacy coins like Monero or Zcash. OJK bans them outright. This is why you won’t find any shady airdrops or unregistered tokens on legitimate Indonesian exchanges. The rules are clear: if it’s not on OJK’s approved list, it’s not legal—and if you trade it, you’re on your own.
What you’ll find below are real cases that show how these rules play out in practice. From exchanges that got banned for skipping audits, to users who lost money because they used unlicensed platforms, to how OJK’s crackdowns compare to South Korea’s $34B fine on Upbit or Canada’s seizure of TradeOgre’s $40M in crypto. This isn’t theory. It’s what’s happening right now—and what you need to know to stay safe, legal, and in control of your crypto in Indonesia.
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.