Indonesian Political, Business & Finance News

OJK Approves PT Dana Kripto Indonesia as Crypto Fund Manager

| | Source: INVESTASI.KONTAN.CO.ID Translated from Indonesian | Finance
OJK Approves PT Dana Kripto Indonesia as Crypto Fund Manager
Image: INVESTASI.KONTAN.CO.ID

The Financial Services Authority (OJK) has approved PT Dana Kripto Indonesia (PT DKI) as a crypto fund manager through its regulatory sandbox mechanism in July 2026. Adi Budiarso, Chief Executive of the OJK’s Supervision of Financial Sector Technology Innovation, Digital Financial Assets, and Crypto Assets, stated that PT DKI was the only new business model operator to be declared successful that month. “In July 2026, one new business model operator was declared to have passed, namely PT Dana Kripto Indonesia or PT DKI with a crypto fund manager business model,” Adi said. According to Adi, based on OJK Regulation (POJK) Number 3 of 2024 concerning the implementation of financial sector technology innovation, other companies with business models similar to the seven sandbox participants that have already passed are entitled to apply for registration with the OJK without having to undergo the sandbox development trial. In addition to approving PT DKI, the OJK is currently evaluating five applications to become sandbox participants. These applications consist of two digital financial asset and crypto asset (AKD-AK) business models and three supporting market business models. This move is part of the OJK’s efforts to encourage innovation in the digital financial sector while expanding the digital financial asset and crypto asset ecosystem in Indonesia.

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