Jakarta, VIVA \u2013 The Financial Services Authority (OJK) recorded the\nvalue of crypto asset transactions at Rp24.33 trillion in February 2026.\nThis figure is lower than the January record of Rp29.28 trillion.<\/p>\n
The Executive Head of Supervision for Financial Sector Technology\nInnovation, Digital Financial Assets, and Crypto Assets at OJK, Adi\nBudiarso, during the March 2026 Monthly Commissioners\u2019 Meeting Press\nConference in Jakarta, explained that the slowdown was influenced by\ndevelopments in global economic dynamics, particularly due to conflicts\nin the Middle East. Therefore, OJK is encouraging the strengthening of\nthe crypto industry.<\/p>\n
\u201cThis is not detached from global factors. Market cycles, where\nmarket sentiment with several events, especially related to geopolitics,\nalso affect decentralised financial platforms worldwide,\u201d said Adi in\nJakarta, quoted on Tuesday, 7 April 2026.<\/p>\n
He explained that the increase in geopolitical tensions is driving\nrisk-off sentiment in the global financial markets. On the other hand,\nhigh interest rate policies in the United States are also triggering\nlarge-scale liquidations of leveraged positions in the crypto market,\nthereby suppressing transaction volumes.<\/p>\n
In addition, Adi stated that 2024 was a phase of a strong bull\nmarket. However, after reaching its peak, the crypto market in 2025\nentered a consolidation phase marked by price corrections and declining\ntransaction volumes.<\/p>\n
Amid these conditions, OJK states that it continues to strengthen the\ndevelopment of the crypto ecosystem through more structural measures.\nOJK is pushing for the strengthening of governance in exchanges,\nclearing, custodians, and crypto asset traders to protect consumer\ninterests.<\/p>\n
From a regulatory perspective, OJK together with the government, Bank\nIndonesia (BI), the Deposit Insurance Corporation (LPS), and related\nauthorities are also adopting the principle of same activity, same risk,\nsame regulation to align with international practices. To strengthen\nsupervision, OJK is enhancing law enforcement against illegal practices\ntogether with the Task Force for Eradicating Illegal Financial\nActivities (Satgas PASTI) and the Indonesia Anti-Scam Center.<\/p>\n
In terms of policy, OJK\u2019s POJK Number 23 of 2025 on amendments to\nPOJK Number 27 of 2024 regarding the organisation of digital financial\nasset trading, including crypto assets, as well as the refinement of\nSEOJK Number 20 of 2024 on the organisation of digital financial asset\ntrading, including crypto assets.<\/p>\n
The strengthening of governance includes, among others, the\naffirmation that organisers must own, master, and control the systems\nused in trading and transaction storage.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/crypto-asset-transactions-decline-in-february-2026-ojk-pushes-for-industry-strengthening-1775616756", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }