Operations of 27 Illegal Private Pawnshops and 228 Unlicensed Digital Asset Traders Halted

The Task Force for the Eradication of Illegal Financial Activities (Satgas Pasti) of the Financial Services Authority (OJK) has halted the business operations of 27 unlicensed private pawnshop entities during the April-May 2026 period. The task force has also stopped the activities of 228 illegal Digital Financial Asset Traders (PAKD) between January and May 2026, as their operations did not comply with prevailing laws and regulations.

Satgas Pasti continues to strengthen efforts to eradicate illegal financial activities and handle financial transaction fraud as part of consumer and public protection, said Hudiyanto, Head of the Satgas Pasti OJK Secretariat, in an official statement in Jakarta on Monday, 22 June 2026.

The cessation of illegal private pawnshops was carried out based on Article 319 of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (UU P2SK), which requires all pawnshop business operators to fulfil licensing requirements by 12 January 2026 at the latest. Meanwhile, the termination of illegal PAKD operations was based on OJK Regulation (POJK) Number 27 of 2024, which stipulates that the Crypto Asset List (DAK) is determined by the Crypto Exchange.

Furthermore, the OJK reported that the Indonesia Anti-Scam Centre (IASC) had received 579,459 reports from the public between 22 November 2024 and 31 May 2026, with 998,558 bank accounts reported and verified, and 515,553 accounts blocked. Through these efforts, total victim funds successfully blocked reached approximately Rp638.9 billion, and the IASC has returned Rp196.93 billion in victim funds originating from accounts used by fraud perpetrators.

Hudiyanto affirmed that the OJK Satgas Pasti will continue to enhance coordination among members and relevant agencies to curb the spread of illegal financial activities in the digital space. He advised the public to report any indications of illegal investment offers and financial transaction fraud through the website sipasti.ojk.go.id, while victims of financial transaction fraud can report via iasc.ojk.go.id to support the rapid blocking of perpetrator accounts.