Indonesia's Financial Services Authority (OJK) has issued a public whitelist of licensed Digital Financial Asset Traders (Pedagang Aset Keuangan Digital, PAKD) and registered Prospective Digital Financial Asset Traders (Calon PAKD, CPAKD) as the official reference for verifying which entities and apps or platforms are authorised for digital financial asset and crypto-asset trading in Indonesia. The annex lists 25 licensed PAKD platforms and four registered CPAKD (previously referred to as prospective crypto physical asset traders when supervision sat with Bappebti), including the official websites or channels that should be used for transactions. OJK linked the whitelist to licensing obligations under Law No. 4/2023 on Financial Sector Development and Strengthening (P2SK), noting that violations of licensing provisions can trigger criminal sanctions of five to 10 years’ imprisonment and fines of IDR 1 billion to IDR 1 trillion. The regulator urged consumers to transact only through entities and official channels on the whitelist, cross-check entity and app names and web addresses, and be alert to typosquatting and promotions that steer users to unlisted platforms, including those framed as education or community activities. OJK also published a separate list of licensed market infrastructure for digital financial assets and crypto, covering one exchange (CFX), one clearing house (KKI) and two custodians (ICC and Tennet). The whitelist will be updated periodically, and OJK said it will continue coordinating with law enforcement and other agencies to act against unlicensed providers.

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