Indonesia Unveils Official Crypto Exchange Whitelist

Indonesia's Financial Services Authority (OJK) has officially published a whitelist of 29 licensed crypto and digital financial asset trading platforms. This critical list, released on December 19, 2025, serves as a public record of companies legally authorized to operate within the country, significantly bolstering investor protection measures. The OJK's action is a key step in tightening regulatory oversight in one of Southeast Asia's most dynamic crypto markets.

The published list includes platforms that have secured full licenses from OJK, designated as PAKD, and those registered as prospective traders (CPAKD) while their applications are being processed. This ensures users can verify the legal status of platforms before engaging in trades. Prominent exchanges like Indodax, Pintu, and Tokocrypto are among the fully licensed entities, alongside critical infrastructure providers such as CFX (digital asset exchange) and PT Kliring Komoditi Indonesia (clearing and settlement).

This regulatory shift follows the transfer of crypto oversight from Bappebti to OJK, mandated by Law Number 4 of 2023. Operating without OJK authorization now carries significant legal risks, including criminal penalties, prison sentences, and hefty fines. The OJK's directive warns that any platforms not appearing on this official list are neither licensed nor supervised, posing substantial risks to consumers.