Government Regulation 28/2025: Indonesia's Golden Ticket for Blockchain, NFT and Web3 Legalisation
JAKARTA – If you are a blockchain innovator, NFT creator, or Web3 application designer, this is the moment you have been waiting for. No demonstrations needed. No visits to government offices required. Just the OSS system and a short wait. This is the gift from Government Regulation (PP) Number 28 of 2025, enacted just days ago — a quiet regulation that could have resounding impact, particularly on the nation's digital stage.
It is in this regulation that the government has finally addressed years of anxiety over the question: when will this future technology be recognised, given legal space, and allowed to grow?
**A Quiet Technological Revolution**
Before this regulation, all matters of business licensing — especially anything related to blockchain — often ended up on a waiting desk. It was unclear who should grant approval. There was no business classification. Applications were frequently rejected because "there was no legal basis."
Now, PP 28/2025 replaces PP 5/2021. Its contents go beyond a mere list of procedures. It serves as a single framework — a single reference — for all risk-based licensing. All institutions, regional governments, and even industrial estate managers must comply. No additional requirements may be imposed independently.
This is not merely standardisation. It is a major step bringing efficiency, transparency and accountability. But for Web3 practitioners, the real significance lies behind Article 186, concerning the future technology ecosystem: blockchain, NFT and Web3.
**Blockchain, NFT, Web3: Officially Legalised**
For the first time in Indonesian regulatory history, the government has explicitly mentioned "blockchain" in a government regulation. Beyond that, it also references digital identity (NFT/non-fungible tokens), electronic certificates and smart contracts.
The signal is clear. Indonesia no longer views Web3 as an experiment, but as potential.
More interestingly, the regulation distinguishes two pathways. First, non-financial blockchain-based businesses (NFT art, DAOs, Web3 games, non-financial tokenisation) — these need only obtain a Business Identification Number (NIB) and Standard Certificate through the OSS RBA system.
Second, blockchain-based businesses in the financial sector (stablecoins, crypto, investment tokens) remain under the supervision of the Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (Bappebti).
This distinction is crucial. Previously, all blockchain innovation was often lumped together with crypto. Yet not all blockchain applications touch the financial sector.
**A Fast Track for Innovators**
The regulation also introduces a deemed-approval mechanism. If the government does not respond to a licence application within the stipulated timeframe (for example, 25 working days), the licence is deemed automatically issued.
This is revolutionary. Imagine wanting to establish a local NFT startup showcasing Madurese culture. You register through OSS. All requirements are complete. If there is no response from the government, you will not be silenced by bureaucratic inaction. The licence is automatically granted.
This mechanism creates speed, incentivises officials to work promptly, and provides protection for business operators who act honestly and diligently.
**A Clear Path for Nusantara Web3**
With a clear legal pathway and uniform procedures, Web3 in Indonesia can find its home. What was previously only discussed in university seminar rooms or Web3 communities can now touch legal and business reality.
Consider the possibilities: NFTs from digitised Pekalongan batik could be sold legally. Digital cooperative DAOs in villages could form legal entities through OSS. Digital identities for young Papuans could be used for public services without physical identity cards.
This is the genesis of "Web3 Nusantara" — sophisticated technology rooted in local values.
**Regional Governments and Universities Must Not Be Left Behind**
This is precisely where the role of regional governments and the education sector becomes crucial. Local authorities may no longer add licensing requirements, but they can become drivers of technology adoption — for instance, by building Web3 digital zones, integrating OSS RBA into regional investment offices (DPMPTSP), or partnering with universities to create Web3 incubators.
Universities can begin formally teaching Web3 curricula, building blockchain laboratories, and encouraging culture-based NFT research.
Of course, not everything will be easy. Challenges abound. Digital literacy among regional regulators remains low. Many young Web3 entrepreneurs are still unfamiliar with OSS or service level agreements. The risk of double licensing persists if agencies are not yet speaking the same language.
Therefore, follow-up steps are essential. Everyone must move. After all, the umbrella is already unfurled.
**A Golden Ticket for Indonesia to Level Up**
PP 28/2025 is not merely a legal product. It is a golden ticket — a ticket for anyone wishing to enter the world of blockchain, NFT and Web3 legally, legitimately, and with a future.
Indonesia now has the opportunity to become a Web3 pioneer in Southeast Asia — provided it does not hesitate to open the door and trust its young people.
If the bureaucracy is willing to clear the way, the innovators will run further than anyone can imagine. And from the quiet corridors of OSS RBA, Indonesia's first Web3 unicorn may yet be born.
It is in this regulation that the government has finally addressed years of anxiety over the question: when will this future technology be recognised, given legal space, and allowed to grow?
**A Quiet Technological Revolution**
Before this regulation, all matters of business licensing — especially anything related to blockchain — often ended up on a waiting desk. It was unclear who should grant approval. There was no business classification. Applications were frequently rejected because "there was no legal basis."
Now, PP 28/2025 replaces PP 5/2021. Its contents go beyond a mere list of procedures. It serves as a single framework — a single reference — for all risk-based licensing. All institutions, regional governments, and even industrial estate managers must comply. No additional requirements may be imposed independently.
This is not merely standardisation. It is a major step bringing efficiency, transparency and accountability. But for Web3 practitioners, the real significance lies behind Article 186, concerning the future technology ecosystem: blockchain, NFT and Web3.
**Blockchain, NFT, Web3: Officially Legalised**
For the first time in Indonesian regulatory history, the government has explicitly mentioned "blockchain" in a government regulation. Beyond that, it also references digital identity (NFT/non-fungible tokens), electronic certificates and smart contracts.
The signal is clear. Indonesia no longer views Web3 as an experiment, but as potential.
More interestingly, the regulation distinguishes two pathways. First, non-financial blockchain-based businesses (NFT art, DAOs, Web3 games, non-financial tokenisation) — these need only obtain a Business Identification Number (NIB) and Standard Certificate through the OSS RBA system.
Second, blockchain-based businesses in the financial sector (stablecoins, crypto, investment tokens) remain under the supervision of the Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (Bappebti).
This distinction is crucial. Previously, all blockchain innovation was often lumped together with crypto. Yet not all blockchain applications touch the financial sector.
**A Fast Track for Innovators**
The regulation also introduces a deemed-approval mechanism. If the government does not respond to a licence application within the stipulated timeframe (for example, 25 working days), the licence is deemed automatically issued.
This is revolutionary. Imagine wanting to establish a local NFT startup showcasing Madurese culture. You register through OSS. All requirements are complete. If there is no response from the government, you will not be silenced by bureaucratic inaction. The licence is automatically granted.
This mechanism creates speed, incentivises officials to work promptly, and provides protection for business operators who act honestly and diligently.
**A Clear Path for Nusantara Web3**
With a clear legal pathway and uniform procedures, Web3 in Indonesia can find its home. What was previously only discussed in university seminar rooms or Web3 communities can now touch legal and business reality.
Consider the possibilities: NFTs from digitised Pekalongan batik could be sold legally. Digital cooperative DAOs in villages could form legal entities through OSS. Digital identities for young Papuans could be used for public services without physical identity cards.
This is the genesis of "Web3 Nusantara" — sophisticated technology rooted in local values.
**Regional Governments and Universities Must Not Be Left Behind**
This is precisely where the role of regional governments and the education sector becomes crucial. Local authorities may no longer add licensing requirements, but they can become drivers of technology adoption — for instance, by building Web3 digital zones, integrating OSS RBA into regional investment offices (DPMPTSP), or partnering with universities to create Web3 incubators.
Universities can begin formally teaching Web3 curricula, building blockchain laboratories, and encouraging culture-based NFT research.
Of course, not everything will be easy. Challenges abound. Digital literacy among regional regulators remains low. Many young Web3 entrepreneurs are still unfamiliar with OSS or service level agreements. The risk of double licensing persists if agencies are not yet speaking the same language.
Therefore, follow-up steps are essential. Everyone must move. After all, the umbrella is already unfurled.
**A Golden Ticket for Indonesia to Level Up**
PP 28/2025 is not merely a legal product. It is a golden ticket — a ticket for anyone wishing to enter the world of blockchain, NFT and Web3 legally, legitimately, and with a future.
Indonesia now has the opportunity to become a Web3 pioneer in Southeast Asia — provided it does not hesitate to open the door and trust its young people.
If the bureaucracy is willing to clear the way, the innovators will run further than anyone can imagine. And from the quiet corridors of OSS RBA, Indonesia's first Web3 unicorn may yet be born.