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Regulatory regime

Stablecoin licensing in Indonesia

Crypto exchanges and traders are licensed by the OJK, which took over from Bappebti in January 2025. This page sets out the authorisations a stablecoin business needs in Indonesia, who grants each one and what it covers, alongside how many companies hold them today. The figures come from the registers Anvesan reads and are updated as those registers change.

RegulatorOtoritas Jasa Keuangan (OJK)
LawLaw 4 of 2023 (P2SK) and OJK Regulation 27 of 2024
Registers readOJK
Source type30 register-sourced, 1 company-reported
Checked19 September 2026

Authorisations in Indonesia, as at 19 September 2026

Authorisations 31 across 2 licence families
Licensed 31 all 31 authorisations
In the pipeline 0 No live applications
Ended 0 No ended authorisations

Authorisations by licence

Indonesia OJK digital financial asset licence 97% 30
Other authorisations 3% 1

These 31 authorisations belong to 31 companies. The company-level records are in Atlas Pro.

What those authorisations permit

Holding assets for clients2
Scope not stated in the licence29

One authorisation can cover several activities, so these figures overlap.

The licences: who grants them, how long, what they cost

The statutory clock is the formal decision period, where the regulator publishes one. “Observed” is the real-world timeline reported by applicants, not a figure the regulator sets. Capital is the regulatory minimum, not legal or advisory fees. Where a figure is not yet available, we show “Unavailable”; where one exists but Anvesan has not verified it, we show “Not sourced”.

Licence Statutory clockObserved Minimum capitalIn the Atlas
Indonesia OJK digital financial asset licence Not sourced Not sourced Not sourced 30

The Atlas column maps a licence to a tracked licence family only where the two are the same thing. Where they are not, it reads Not mapped, and the family counts are in Authorisations by licence above.

Indonesia OJK digital financial asset licence

30 in the Atlas
Who grants it
Otoritas Jasa Keuangan (OJK)
What triggers it
Held for holding assets for clients, by the permissions recorded on the authorisations themselves.
Legal basis
Law 4 of 2023 (P2SK) and OJK Regulation 27 of 2024
Statutory clock Not sourced

Anvesan has not verified this for this regime yet. It is added when it is.

What it takes in practice Not sourced

Anvesan has not verified this for this regime yet. It is added when it is.

Capital requirement Not sourced

Application fee Not sourced

What to watch

Regulatory changes only: what is being decided, by whom, and when. Company-level licence changes are tracked in Atlas Pro.

Questions this page answers

How many companies hold a stablecoin-related licence in Indonesia?

Atlas tracks 31 authorisations across 31 companies in Indonesia, read from official registers and checked on 19 September 2026. Of those, 31 are licensed, 0 are in the pipeline, and 0 have ended.

Who regulates stablecoins in Indonesia?

Otoritas Jasa Keuangan (OJK). The framework is Law 4 of 2023 (P2SK) and OJK Regulation 27 of 2024.

What licence does a stablecoin business need in Indonesia?

This page lists one authorisation, with the regulator that grants it and what triggers the requirement.

How long does a licence take in Indonesia, and what capital does it need?

Anvesan has not verified decision timelines or capital thresholds for Indonesia yet, so this page does not publish them. It publishes no figure it cannot cite.

How these numbers are made

Registers read
The official registers used for this regime, named in the Registers read line. Where a public register does not provide a record, the source is identified separately.
Cadence
Checked daily. Changes are recorded when they appear in the register, together with the date they were seen. Last checked 19 September 2026.
Licence detail reviewed
23 September 2026. Counts are refreshed daily. Licence terms, timelines and capital thresholds are reviewed separately because they come from the underlying rules rather than the register.
Known gap
“Unavailable” means the figure does not yet exist or has not been published. “Not sourced” means the figure exists but Anvesan has not yet verified it. Neither is estimated.
Corrections
research@anvesan.org