Indonesia’s Financial Services Authority (OJK) used remarks at the Festival Ekonomi Keuangan Digital Indonesia and Indonesia Fintech Summit and Expo 2025 to press for stronger consumer protection as digitalisation expands financial services, with an emphasis on prevention through financial literacy and education to reduce digital scams and online financial crime. The update also highlighted OJK’s work with other agencies on enforcement and cross-institution coordination, alongside its approach to developing the digital financial asset and crypto-asset ecosystem with governance, transaction security and consumer protection. Through the Task Force for Eradicating Illegal Financial Activities, OJK reported that more than 1,800 illegal financial entities have been halted, including 1,500 illegal online lending providers and 280 illegal investment schemes. OJK also pointed to the Indonesia Anti-Scam Centre, which from 22 November 2024 to 24 October 2025 received more than 200,000 digital fraud reports involving IDR 7.3 trillion in losses, blocked 510,000 accounts and helped secure IDR 381 billion in public funds. On crypto assets, OJK cited 18.61 million consumers and around IDR 360 trillion in transactions as of September 2025, and noted ongoing policy work including the OJK Sandbox, refinements to crypto-asset trading regulation and the cyber security guideline for digital financial asset trading providers launched in August 2025.

Original source View in tracker