Indonesia's Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (Bappebti) have signed an addendum to the handover minutes confirming that regulatory and supervisory responsibility for digital financial assets, including crypto assets, has fully moved from Bappebti to OJK. The addendum also extends OJK’s supervisory scope to cover crypto asset derivatives, aiming to provide legal certainty for industry participants. Signed on 30 July at OJK’s offices by Bappebti head Tirta Karma Senjaya and OJK Deputy Commissioner Luthfy Zain Fuadi and witnessed by OJK executive head Hasan Fawzi, the addendum formalises the continuation of a transfer process that began on 10 January 2025 and references the mandate under the Financial Sector Development and Strengthening Law (UU P2SK). The release also reiterates supervisory priorities around prudential safeguards, risk management, consumer protection and security. OJK and Bappebti indicated they will continue coordinating under existing cooperation arrangements to support stakeholders as the transition is implemented.
OJK 2025-07-31
Indonesia's Financial Services Authority and Bappebti complete transfer of digital financial asset supervision including crypto asset derivatives
Indonesia's Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (Bappebti) have finalized transferring regulatory responsibilities for digital financial assets, including crypto assets, from Bappebti to OJK. The addendum extends OJK's oversight to crypto asset derivatives, enhancing legal certainty. The transition, formalized on 30 July, aligns with the Financial Sector Development and Strengthening Law, with ongoing coordination to support stakeholders.