Requirements
OJK Crypto Asset Licence — Key Requirements
Entity
Indonesian PT or PT PMA
Perseroan Terbatas; BKPM registration for foreign investment (PT PMA)
Min. Capital
IDR 100B–1T
Approx. USD 6M–65M depending on activity scale
Physical Office
Required in Indonesia
Jakarta; genuine business presence required
AML/CFT
PPATK reporting
Indonesian FIU; KYC/CDD under PP 43/2015; Travel Rule
Key Personnel
Fit & proper
Directors; commissioners; OJK background checks
Local Shareholder
Majority Indonesian ownership
Generally required for PT; PT PMA allows more foreign ownership
IT Security
OJK IT risk requirements
Penetration testing; OJK technology risk management
Consumer Protection
Mandatory asset segregation
OJK investor protection measures required
Process
How to Get an Indonesia OJK Crypto Licence — Step by Step
1
Incorporate Indonesian PT or PT PMA
BKPM / OSS system registration; appoint directors and commissioners; inject required capital.
4–8 weeks2
Develop OJK Compliance Infrastructure
AML/CFT programme; IT systems; consumer protection framework per OJK requirements.
2–4 months3
Submit OJK Licence Application
OJK review; multiple clarification rounds; potential site visits by OJK examiners.
6–12 months4
OJK Approval & Operations
Commence trading; ongoing OJK reporting; annual audit by OJK-approved auditor.
OngoingCosts
Indonesia OJK Crypto Licence — Full Cost Breakdown
| Item | Details | Approx. Cost |
|---|---|---|
| OJK application fee | Non-refundable regulatory fee | IDR 50M–500M |
| Annual OJK levy | Ongoing supervisory levy | Varies |
| PT incorporation | BKPM / OSS registration | IDR 20M–100M |
| Office (Year 1) | Physical office in Jakarta | IDR 500M–2B/yr |
| Legal & compliance | Application preparation, AML policies | IDR 1B–5B |
| Estimated Year 1 Total (excl. capital) | Setup, regulatory, office, professional fees | IDR 2B–8B |
FAQ
Indonesia Crypto Licence — Common Questions
Since 2025 under Law 4/2023, OJK (Otoritas Jasa Keuangan) is the primary regulator for crypto as financial assets, taking over from Bappebti. Bappebti may retain some commodity futures aspects. OJK supervises crypto exchanges, custodians, and other crypto service providers under the new financial sector framework.
Under the OJK framework, capital requirements are significant — ranging from IDR 100 billion to over IDR 1 trillion (approximately USD 6M–65M) depending on the scale and type of activity. This reflects Indonesia's focus on financial stability and investor protection.
Foreign investment in Indonesian financial services requires establishing a PT PMA (Foreign Investment Company) through BKPM. Foreign ownership in financial services is restricted — typically maximum 85% foreign ownership, with some sectors lower. Legal counsel is essential.
Indonesia has 280 million people and one of the fastest-growing crypto adoption rates in the world. The Bappebti-registered exchange ecosystem handled tens of billions USD in annual volume. Tokocrypto (Binance-backed) and Indodax are among the largest Indonesian exchanges.
Under the new OJK framework (from 2025), licensing is expected to take 6–12 months. The transition from Bappebti to OJK oversight is ongoing, and new detailed licensing rules are being developed. Early engagement with OJK is recommended.
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