Indonesia's Financial Services Authority (OJK) issued a press release summarising remarks by Hasan Fawzi, Executive Head of Supervision for Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets, at the closing of the Festival Ekonomi Keuangan Digital Indonesia and Indonesia Fintech Summit & Expo (FEKDI x IFSE) 2025. OJK positioned digital financial transformation as a means to expand access and opportunity across society, while requiring innovation to be responsible, ethical and sustainable. The update emphasised OJK’s intent to balance support for innovation with risk mitigation and to strengthen consumer and customer protection. OJK also framed its policy direction as aligned with the government’s Asta Cita agenda, including economic self-reliance, productivity gains, more even development and reduced regional disparities. The closing event was attended by Bank Indonesia Senior Deputy Governor Destry Damayanti, who highlighted “synergy, innovation and acceleration” as key to advancing digital transformation and pointed to collaboration between Bank Indonesia, OJK and industry in building shared infrastructure, and by the Ministry for Economic Affairs’ Special Economic Zones council secretary general Rizal Edwin Manansang, who promoted “frugal innovation” to improve efficiency, affordability and reach. FEKDI x IFSE 2025 ran from 30 October to 1 November 2025 and included initiatives such as the BI–OJK Hackathon 2025 and QRIS Jelajah 2025, with winners announced across student and professional categories.

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