Indonesia

Regulated Partly Confirmed

Indonesia regulates crypto as a digital financial asset under OJK supervision. Licensed trading is permitted, but crypto is not legal tender and may not replace rupiah for domestic payments.

Otoritas Jasa Keuangan / Bank Indonesia

Total Laws (incl. applicable EU-wide)

Effective Laws

At a Glance

Is holding crypto allowed?

Allowed

Is crypto trading allowed?

Regulated

Is P2P trading allowed?

Allowed

Are crypto payments allowed?

Prohibited

Is crypto legal tender?

Is mining allowed?

Allowed

Is staking allowed?

Regulated

Is DeFi participation allowed?

Regulated

Are stablecoins allowed or regulated?

Regulated

Activity Status Matrix

Activity	Status	Details
Holding Crypto	Allowed	Is holding crypto allowed?
Crypto Trading	Regulated	Is crypto trading allowed?
P2P Trading	Allowed	Is P2P trading allowed?
Crypto Payments	Prohibited	Are crypto payments allowed?
Legal Tender	No	Is crypto legal tender?
Mining	Allowed	Is mining allowed?
Staking	Regulated	Is staking allowed?
DeFi	Regulated	Is DeFi participation allowed?
Stablecoins	Regulated	Are stablecoins allowed or regulated?
NFTs	Regulated	Are NFTs allowed or regulated?
Token Launches	Regulated	Are token launches allowed?
Crypto Advertising	Regulated	Is crypto advertising allowed?
Banking Access	Regulated	Do crypto businesses have banking access?

Regulation Overview

Regulatory responsibility for digital financial assets, including crypto, transferred from Bappebti to the Financial Services Authority on 10 January 2025. OJK Regulation 27/2024, amended by Regulation 23/2025, governs exchanges, clearing, custody, traders, product admission and market conduct. Bank Indonesia continues to protect rupiah's exclusive role in domestic payments. Mining and other activities are not automatically covered by an exchange licence and must comply with tax, business and sector rules.

Tax Information

From 1 August 2025, transfers of crypto assets are treated like securities and are not subject to VAT; qualifying sales through regulated operators are subject to final Article 22 income-tax collection, while services and mining have separate treatment.

Individual Tax Treatment

A qualifying seller using a regulated domestic operator is generally subject to final PPh Article 22 withholding at the statutory transaction-value rate. Offshore and non-standard transactions require separate review.

Business Tax Treatment

Licensed operators must collect, deposit and report applicable tax. Exchange services, wallet services, verification/mining income and other business revenue can have separate VAT and income-tax treatment.

Direktorat Jenderal Pajak

Business & Licensing

OJK authorisation is required for covered digital-financial-asset trading infrastructure and operators. Product approval, governance, capital, custody, cybersecurity and reporting requirements apply.

AML / KYC Requirements

Licensed operators must implement customer identification, beneficial-owner checks, transaction monitoring, travel-rule and transfer-data controls, sanctions screening and suspicious-reporting procedures.

Primary Regulator

Otoritas Jasa Keuangan / Bank Indonesia

ojk.go.id

Crypto Laws & Regulations in Indonesia

Acteffective

Law concerning Development and Strengthening of the Financial Sector

Published: January 12, 2023Effective: January 12, 2023Ref: Law No. 4 of 2023; LN 2023 No. 4; TLN No. 6845

Indonesia's P2SK omnibus law brings digital financial assets, including crypto-assets, within the financial-sector perimeter and transfers supervisory responsibility to OJK.

Current state: In force; crypto/digital financial-asset supervision transitioned to OJK under implementing arrangements

Consumer ProtectionCustodyLicensingExchanges

Official Source

Regulationeffective

OJK Regulation No. 27/2024 on Trading of Digital Financial Assets including Crypto Assets, as amended by No. 23/2025

Peraturan OJK No. 27/POJK.XX/2024 tentang Perdagangan Aset Keuangan Digital termasuk Aset Kripto

Effective: January 10, 2025Ref: POJK No. 27/2024; amended by POJK No. 23/2025

OJK Regulation 27/2024, as amended by No. 23/2025, implements the post-P2SK transfer of crypto-asset oversight to Indonesia's Financial Services Authority (OJK). It provides a detailed licensing, trading, governance and consumer-protection regime for digital financial asset and crypto exchanges, clearing bodies, depositories, traders and related operators.

LicensingExchangesConsumer ProtectionAML/KYC

Official Source

Othereffective

Indonesia Crypto Tax Regulation 2025

Minister of Finance Regulation 50 of 2025

Ref: PMK 50/2025

Revises VAT and income-tax collection for crypto transactions after the OJK transition.

TaxMining

Official Source

Regulationeffective

Indonesia Digital Financial Asset Trading Rules

OJK Regulation 27 of 2024

Ref: POJK 27/2024

Regulates trading infrastructure and operators for digital financial assets including crypto.

LicensingExchangesCustodyConsumer Protection

Official Source