Indonesian Political, Business & Finance News

Crypto Transactions Weaken as Global Prices Fall

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Regulation

The Financial Services Authority (OJK) recorded crypto asset transaction values in January 2026 at Rp 29.24 trillion, down on a monthly basis. ‘This is in line with the global trend of falling prices of several major crypto assets,’ said interim Head of Market Oversight, Derivatives Finance, and Carbon Exchange at OJK Hasan Fawzi, at a press conference in Jakarta on Tuesday, 3 March 2026.

Total crypto transactions in January 2026 declined by 10.53 percent compared with December 2025, which stood at Rp 32.68 trillion. Despite the decline in transaction values, OJK said consumer confidence in the digital financial asset ecosystem, including crypto assets, remains well maintained.

Meanwhile, OJK noted that there were 1,457 crypto assets and 127 digital asset derivatives (AKD) available for trading in February 2026.

OJK data show the number of consumers trading digital financial assets reached 20.70 million, up 2.56 percent from December 2025’s 20.19 million.

Similar to crypto assets, OJK recorded a monthly decline in the value of AKD derivatives transactions to Rp 8.01 trillion. The value of those transactions fell by 6.88 percent month-on-month. The value of AKD derivatives transactions reached Rp 8.60 trillion.

Moreover, OJK has approved licenses for 29 entities in the crypto trading ecosystem. This comprises one crypto exchange, one clearing, guaranteeing and settlement institution, two custodians, and 25 digital asset traders. OJK also granted approvals to eight supporting institutions consisting of six payment service providers and two consumer fund custodians.

OJK states it is currently evaluating applications for business licenses and/or approvals from prospective crypto trading operators consisting of two exchanges, two clearing houses, two custodians, four CPAKD, and one payment service provider.

Meanwhile, during February 2026 OJK reported it had imposed administrative sanctions in the form of written warnings on two operators in the fintech innovation sector and two operators of financial assets and crypto assets for violations of OJK regulations.

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