Aftech Launches Study on Classification of Digital Financial Assets

The Indonesian Fintech Association (Aftech) has launched a study titled ‘Approach to Classification Framework as the Foundation for Regulating Digital Financial Assets in Indonesia’. The study is expected to encourage the harmonisation of regulations for digital financial assets in Indonesia.

Aftech General Chairman Pandu Sjahrir stated that the study presents a multi-faceted framework encompassing legal, economic function, regulatory, and technical perspectives as a basis for discussion among regulators and industry players.

“We believe that clear classification of digital assets is a prerequisite for tokenisation to develop in a healthy, sustainable, and market-trusted manner in Indonesia,” said Pandu at The Langham, Jakarta, on Wednesday, 22 April 2026.

The Financial Services Authority (OJK) has welcomed the study published by Aftech. Head of the Executive for Supervision of Financial Sector Technology Innovation, Digital Financial Assets, and Crypto Assets at OJK, Adi Budiarso, said that the study can serve as an initial foundation for discussions in formulating future policies.

Adi stated that the number of crypto consumer accounts in Indonesia reached 21.07 million as of February 2026. Meanwhile, the transaction value of crypto assets has reached Rp75.83 trillion from the beginning of the year to March 2026.

“This data not only reflects the high level of adoption but also shows that digital financial assets, including crypto assets, are beginning to integrate into the financial lives of the public, both in big cities and in areas that may have previously been outside the traditional financial services network,” said Adi.