Indonesian Political, Business & Finance News

Head of Digital Asset Supervisory Agency Shares Tips for Safe Crypto Transactions

| Source: CNBC Translated from Indonesian | Regulation
Head of Digital Asset Supervisory Agency Shares Tips for Safe Crypto Transactions
Image: CNBC

Jakarta – CNBC Indonesia: The Executive Head of the Supervisory Agency for Financial Technology Innovation, Digital Financial Assets and Crypto Assets (ADK IAKD) at OJK, Adi Budiarso, has revealed that crypto assets continue to grow. By 2026, the number of tradable crypto assets had reached 1,464.

He shared tips for choosing safe digital asset or crypto investment instruments for Indonesians. The first step is to check the licensing of the crypto asset on the OJK website.

‘Which ones roughly have licences? So the providers of crypto assets are traders, their transactions are on an exchange. Traders that have licences currently number 25. Please pick that, and choose one of the 1,464. Check the history first, then decide,’ he said at the Jogjakarta Financial Festival 2026 on Friday (21 May 2026).

Adi also urged the public to buy crypto assets using ‘cold money’ or funds left after meeting living costs because these assets carry high risk.

‘Use money for invest in crypto that is money after you have saved for retirement and daily needs. This carries high risk but returns can be extraordinarily high. Could be 100%, 200%, and 1000%,’ he stressed.

He also illustrated that crypto assets have grown rapidly year on year. For example, 10,000 bitcoin in 2010 were worth the price of a slice of pizza.

‘Sekarang 1,4 triliun. Nilainya terus meningkat,’ Adi explained.

According to Adi, OJK and the crypto exchanges in Indonesia, namely International Crypto Exchange (ICEx) and Central Finansial X (CFX), have a list of crypto assets that are safe to trade for Indonesians.

‘We have a list or watchlist of crypto assets that can be traded and in line with recommendations from OJK and the industry. There are around 1,450, while the number of circulating crypto assets is around 5 million or more,’ he said.

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