OJK Publishes Whitelist of Licensed Crypto Exchanges in Indonesia
Indonesia’s Financial Services Authority (OJK) has officially published a whitelist of 29 licensed crypto exchanges, identifying which platforms are legally authorized to operate in the country. Each entry on the list includes the exchange name and its corresponding app or platform, offering traders a reliable reference to ensure they transact only with regulated entities.
The regulator has urged the public to avoid unlisted platforms, treating them as unlicensed operators that pose potential risks.
Global Crypto Giants Eye Indonesia’s Expanding Market
The clarity provided by the OJK whitelist comes as international crypto players move to establish a foothold in Indonesia’s rapidly growing digital asset ecosystem.
Robinhood recently acquired Indonesian brokerage Buana Capital and licensed digital asset trader PT Pedagang Aset Kripto, granting access to a market with over 19 million capital-market investors and roughly 17 million crypto users.
Hong Kong’s OSL Group finalized its acquisition of licensed local exchange Koinsayang in September, securing approval to offer spot and derivatives trading in Indonesia.
This wave of strategic moves highlights Indonesia’s rising importance as a global crypto hub.
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Strengthening Oversight of Digital Assets
The whitelist follows OJK Regulation No. 23/2025, which tightens the supervision of digital financial assets, including cryptocurrencies and related derivatives. Key requirements include:
- Exchanges can only facilitate trades in approved and registered assets.
- Derivative products require prior OJK approval at the exchange level.
- Platforms must implement margin safeguards using segregated funds or digital assets.
- Consumers must pass a knowledge assessment before accessing derivatives.
The OJK emphasized that these measures align with international supervisory standards and aim to enhance investor protection in the fast-evolving crypto sector.
Indonesia Among the World’s Fastest-Growing Crypto Markets
Indonesia’s firm regulatory approach coincides with its emergence as a major player in the crypto space. According to Robinhood and market analysts, the country is among Southeast Asia’s fastest-growing crypto economies, with millions of investors participating in both traditional and digital markets.
Chainalysis’s 2025 Global Crypto Adoption Index ranks Indonesia in the global top 10 for crypto adoption, highlighting its growing influence in global digital asset activity.
With tens of millions engaged in capital markets and digital assets, the Indonesian market offers both opportunity and scale for regulated crypto platforms.
By providing a clear list of licensed crypto exchanges in Indonesia, the OJK is not only protecting investors but also reinforcing the country’s position as a trusted and dynamic global crypto hub.
