Number of Crypto Investors Surpasses Stocks, OJK: The Future of the Capital Market
The Financial Services Authority (OJK) has disclosed that the number of crypto asset consumers in Indonesia reached 21.07 million accounts as of February 2026. OJK’s Executive Head of Supervision for Financial Sector Technology Innovation, Digital Financial Assets, and Crypto Assets, Adi Budiarso, stated that this figure is nearly equal to or even rivals the number of investors in Indonesia’s capital market.
The latest data indicates that the number of capital market investors stood at 20.32 million single investor identifications (SID) at the end of 2025. By January 2026, this had risen to 21.05 million SIDs.
“It is not an exaggeration to say that crypto and crypto exchanges are the future of the capital market,” Adi said during the opening of Crypto Literacy Month at The Dome in South Jakarta on Tuesday (7/4/2026).
Therefore, he stated that OJK aims to guide the growth of crypto assets and the public’s expectations regarding their potential and contributions to investment and development in Indonesia.
Crypto assets contributed Rp796.73 billion in tax revenues throughout 2025. According to data from the Directorate General of Taxes (DJP), from 2022 to February 2026, crypto assets generated Rp1.96 trillion in taxes.
Adi described this achievement as evidence that crypto asset trading activities have become an integral part of Indonesia’s economic activities.
To strengthen the role of the digital financial assets and crypto assets industry in the transformation of the financial services sector, Adi said OJK has implemented and prepared several strategic programmes.
In the first phase, OJK has formulated regulations related to licensing and the transition process, transformation from Bappebti’s supervision to OJK, developed standards and guidelines related to innovation and the use of technology in the crypto assets sector. The authority is also attempting to develop use cases for blockchain-based projects that are fair and support efforts to achieve targets for digital financial inclusion literacy.
For the second phase in 2026, OJK is entering the first foothold of the second phase, namely building a roadmap and developing the strengthening of financial sector technology innovation, digital financial assets, and crypto assets, with a focus on accelerating development and strengthening the foundation built in the first phase.
Adi stated that there is currently development of the digital financial assets ecosystem that not only focuses on trading but also on developing new instruments. For example, tokenisation of real world assets (RWA) with clear and measurable underlying assets, providing variety. Adi mentioned that several such initiatives have entered the sandboxing mechanism at OJK.
Furthermore, OJK seeks to continue upholding the principles of consumer protection and financial system stability.