ARDI🐜N

idcrypt - Indonesia has entered a decisive new phase in its cryptocurrency regulation, reshaping how digital assets are supervised, taxed, and integrated into the national financial system. This shift matters because it directly affects investor protection, market credibility, and long-term blockchain adoption. The transition explains what changes, why regulators acted now, and how market participants must adapt under the new framework. The most significant change is the transfer of regulatory authority over crypto assets from Bappebti to the Financial Services Authority (OJK). This move aligns crypto with broader financial sector oversight, signaling that digital assets are no longer treated merely as commodities but as part of Indonesia’s evolving financial ecosystem. Consequently, this transition strengthens governance standards and regulatory consistency. Under POJK Number 27 of 2024, OJK formally assumes full regulatory and supervisory control over digital financial assets, in...