Indonesia has drawn clearer authorized boundaries relating to its burgeoning cryptocurrency market.

The Monetary Providers Authority (OJK) has launched an official whitelist of licensed digital asset platforms, setting out which exchanges are legally allowed to function within the nation.

The transfer offers buyers with a single level of reference to examine whether or not a cryptocurrency supplier is licensed, and alerts a extra structured part of oversight for digital belongings.

It additionally comes as world corporations step up efforts to enter Southeast Asia’s largest economic system, the place participation in cryptocurrencies is quickly increasing alongside conventional capital markets.

The whitelist specifies 29 authorized entities and their related functions or platforms.

In accordance with Otoritas Jasa QuanganThis record is meant to assist the general public distinguish between licensed and unlicensed operators.

Customers are requested to solely transact with platforms included within the record and to deal with unlisted providers as unlicensed operators.

Whitelisting reestablishes cryptographic entry

By publishing the official registry, the regulator has successfully strengthened the gateway to Indonesia’s cryptocurrency ecosystem.

Till now, retail customers have typically relied on piecemeal info to substantiate whether or not an trade is compliant.

Whitelisting consolidates this course of and offers a reference backed by regulators that holds platforms accountable for sustaining their license standing.

This announcement offers better enforcement readability.

Platforms working off the record at the moment are explicitly marked as unauthorized, which can strengthen the fingers of regulators tackling unlawful or non-compliant actions throughout digital asset markets.

International corporations broaden into Indonesia

The regulatory readability comes as worldwide crypto corporations and buying and selling corporations search publicity to Indonesia’s rising investor base.

Early this month, robin hood An settlement has been signed with Indonesian brokerage agency Buana Capital to accumulate licensed digital asset dealer PT Pedagan Asset Crypto.

With this transaction, the corporate will present a direct path to market with over 19 million capital market buyers and roughly 17 million crypto merchants.

Primarily based in Hong Kong in September O.S.L. group has accomplished the acquisition of native trade Coinsayan.

The deal offers OSL regulatory approval to supply each spot and derivatives buying and selling providers in Indonesia, strengthening the nation’s attractiveness to present gamers within the area.

Laws relating to digital belongings might be strengthened

This whitelist complies with OJK Regulation No. 23/2025, which introduces stricter controls on digital monetary belongings, together with cryptocurrencies and associated derivatives.

The regulation prohibits exchanges from facilitating buying and selling in belongings that aren’t registered or authorized by a licensed digital asset trade.

The framework additionally formalizes the therapy of digital asset derivatives. Exchanges should receive prior approval from regulatory authorities earlier than providing such merchandise.

Moreover, platforms should implement margin mechanisms utilizing segregated funds or digital belongings, and customers should go a data check earlier than accessing derivatives buying and selling.

The regulator mentioned these measures are aimed toward aligning the Indonesian market with worldwide supervisory requirements and strengthening investor safety.