Crypto Investors Nearly Overtake Stock Market, OJK: Crypto Exchange the Future of Capital Market
JAKARTA, KOMPAS.com - The Financial Services Authority (OJK) has revealed that the number of consumers trading in digital financial assets or crypto is nearly overtaking the number of investors in the capital market.
As of February 2026, the number of crypto investors reached 21.07 million accounts, marking a 1.76 per cent monthly growth, while the number of capital market investors stood at 24.74 million.
Head of Executive for Digital Financial Asset Supervision at OJK, Adi Budiarso, stated that this development indicates that trading in digital financial assets in Indonesia has the potential to continue growing and surpass the Indonesian capital market.
“These figures are already almost the same, even exceeding the SID in our capital market. So it’s not an exaggeration to say that crypto and the crypto exchange is the future of the capital market,” he said during the Crypto Literacy Month 2026 event in Jakarta on Tuesday (7/4/2026).
“Amid the decline in crypto transaction values, consumer confidence in the crypto asset ecosystem in Indonesia remains intact,” he added.
Although declining, he explained that crypto transaction values do experience annual fluctuations following global economic dynamics.
Meanwhile, at the beginning of this year, the global situation is shrouded in uncertainty due to rising geopolitical tensions such as the US-China trade war, as well as conflicts between Iran, Israel, and the US.
“This certainly shows the phenomenon of how price fluctuations are linked to the global economy and even the domestic economy,” he clarified.
In addition, trading in digital financial assets also contributes to national development through tax payments.
Based on data from the Directorate General of Taxes at the Ministry of Finance, crypto tax receipts for January-February 2026 amounted to Rp 84.7 billion. In total, from 2022 to 2026, crypto taxes reached Rp 1.96 trillion.
“For OJK, all these achievements show that crypto asset trading activities have become a real part of our society’s economic activities. Therefore, strengthening governance and consumer protection becomes increasingly important for us to ensure the sustainability of this ecosystem,” he stated.