Is crypto legal in Indonesia? Regulation & rules (2026)

OJK amended POJK 27/2024 to formally regulate trading of digital-asset derivatives, requiring exchange approval and customer knowledge tests, aligning Indonesia's rules with global market practice. Established 31 Oct 2025, promulgated 10 Nov 2025.

The Finance Ministry's PMK 50/2025 took effect, removing buyer-side VAT and treating crypto as a financial instrument; sellers face a final income tax (0.21% on domestic exchanges, higher for foreign platforms), reflecting the shift to OJK oversight.

Under the P2SK Law and Government Regulation 49/2024, regulatory authority over crypto and digital financial assets moved from the commodity regulator Bappebti to the Financial Services Authority (OJK), reclassifying crypto from a commodity to a financial instrument.

OJK enacted Regulation 27/2024 governing the conduct of digital financial asset and crypto trading—covering licensing, governance, AML, market integrity and consumer protection—as the framework for the post-transition era effective 10 January 2025.

Bappebti inaugurated the Commodity Future Exchange (CFX/PT Bursa Komoditi Nusantara) plus a clearing house and depository, separating trading from custody to strengthen oversight of Indonesia's ~17.5 million crypto traders.

The omnibus P2SK Law was promulgated, mandating that supervision of crypto and digital financial assets be moved to OJK within two years—the legal basis for reclassifying crypto as a financial instrument.

Finance Ministry Regulation 68/2022 took effect, imposing VAT and a 0.1% final income tax on crypto transactions through registered exchanges—Indonesia's first dedicated crypto tax regime.

Bappebti Regulation No. 5/2019 set technical rules allowing crypto assets to be legally traded as commodities on regulated futures exchanges, subject to AML/CFT, consumer-protection, local-server and 5-year data-retention requirements.

Ministry of Trade Regulation No. 99/2018 established the general policy permitting crypto-asset trading as a commodity, providing legal certainty while keeping crypto barred as a means of payment.

Bank Indonesia issued a press release warning all parties not to sell, buy or trade virtual currencies such as Bitcoin, reaffirming they are not legal payment instruments and citing speculation, AML/CFT and consumer-protection risks.

Bank Indonesia first stated that Bitcoin and other virtual currencies are not recognized as valid means of payment, anchoring the rupiah-only payment rule later codified in PBI 17/2015 and PBI 18/2016.