OJK Issues Newโข Rules Regarding Crypto Assets, Here are the Contents
Jakarta โค – The financial Services Authority (OJK) has released OJK Regulation (POJK) Number 23 โof 2025, amending OJK Regulation Number 27 of 2024 concerning the Implementation of โTrading in Digitalโ Financial Assets, including crypto assets.
The issuance of the new regulation is a response โฃtoโข the growing popularity of Digital Financial Assets (AKD),โฃ particularly crypto assets, as โฃinvestment instruments in Indonesia, and the emergence of new products like digital financial asset derivatives.
“This POJK aims to strengthen โขthe โขrole andโค expand the scope of digital financial asset trading organizers, and also adopting aโ regulatory and supervisory framework โฃwith standards in the financial services sector and international best practices,” stated M Ismail Riyadi, Head of the OJK Literacy, Financial Inclusion and Dialogue Department, in a written statement on Thursday, December 4, 2025.
The new POJK expands โthe scope โof Digital Financial โAssets toโฃ include:
- A definition ofโ Digital Financial Assets encompassing both crypto assets and other digital financial assets, specifically includingโ digital financial asset derivatives.
- Requirementsโฃ for digital financial assets traded on digitalโค financial asset markets, stipulating they must be issued, stored, transferred, and/or traded using distributed ledger technology or referencing an underlying AKD.
- A โprohibition for AKD Trading Organizers โto trade AKD โฃnot listed on the โขDigital Financial Asset List determined by โฃthe Exchange.
Furthermore,โ the regulation introduces provisions for โฃtrading digital financial asset derivatives,โ aiming to broadenโ investment options while prioritizing prudenceโค and consumerโฃ protection. Key provisions include:
*โข Exchanges intending to facilitate AKD derivative trading must obtainโฃ prior approvalโค from the OJK.
* Traders can execute sell and/or buy orders for โขAKD derivatives on behalfโค of consumers, provided โtheyโ operate on an exchange approved โฃby the OJK. This does not require prior OJK approval for the trader, but necessitates a cooperation agreement with the Exchange.
* Traders โคexecuting derivative tradesโค at consumer โขrequest must provide written โขnotificationโค to the OJK.
* AKD trading โorganizers are required to establish a mechanism for โขplacing Margin (collateral) – in the form of money or AKD – in โa โคdedicated account for consumer protection related to AKDโ derivative trading.
* Consumers intendingโ to trade AKD derivatives must pass a knowledge test administered โby theโ trader.
(acd/acd)
