Crypto Transactions Fall 16.9 Per Cent in February 2026: OJK
Crypto Transactions Fall 16.9 Percent in February 2026: OJK
08 Apr 2026 06:12 WIB
Voice of Indonesia
Key Points
The Indonesian Financial Services Authority (OJK) reported that cryptocurrency transactions in February 2026 totaled IDR 24.33 trillion, down 16.9 percent from January.
OJK Executive Director Adi Budiarso said rising geopolitical tensions and high interest rates weakened global market sentiment.
RRI.CO.ID, Jakarta - The Financial Services Authority (OJK) reported that the value of cryptocurrency transactions in Indonesia fell in February 2026, influenced by global market dynamics and geopolitical conflicts.
Executive Director of Supervision for Financial Sector Technology Innovation and Crypto Assets at the OJK, Adi Budiarso, said crypto transactions reached IDR 24.33 trillion (approx. USD 1.42 billion). This marked a decline of IDR 5.07 trillion, or about 16.9 percent, from January’s total of IDR 29.28 trillion.
“The figure has decreased compared to January’s level, and this aligns with the decline in prices of several major global crypto assets,” Adi said during an online press conference following the March Monthly Board of Commissioners Meeting on Monday, April 6.
Digital Financial Asset (DFA) derivative transactions were recorded at IDR 5.07 trillion. Meanwhile, the number of cryptocurrency users rose to 21.07 million, an increase of 1.76 percent.
Adi explained that rising geopolitical tensions, including conflicts in the Middle East, have driven risk-off sentiment in global markets and weakened investment interest. He added that high-interest-rate policies have also triggered liquidation in the crypto market.
“From the perspective of the crypto cycle, in 2024 the market was in a very strong bull phase, driven by the Bitcoin halving phenomenon in April 2024,” Adi said.
The OJK stated it will continue strengthening the national crypto ecosystem through improved governance and consumer protection.
The Indonesian Blockchain Association (ABI) has introduced a consumer protection portal to handle complaints across the national blockchain and crypto ecosystem.
ABI Chairman Robby Bun said the initiative aims to enhance public trust while supporting law enforcement in the crypto asset sector.
“This channel is not limited to complaints regarding crypto exchanges, but also covers various other activities within the ecosystem, including projects, blockchain-based services, and potential abuses that harm the public,” Robby said at the Opening of Crypto Literacy Month 2026 in Jakarta on Tuesday, April 7.
He added that the portal is expected to serve as a bridge between consumers and industry players, enabling issues to be addressed more effectively. (Gusti Panji/Lasti Martina)
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