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Indonesia

ID / IDNRestricted

Crypto permitted as commodity trading asset only. Payments in crypto prohibited by Bank Indonesia.

Key Regulations

Government Regulation No. 80/2019Bappebti Regulation No. 8/2021Crypto as commodity, not currency

Regulatory Context

Crypto activities in Indonesia face material restrictions. Certain products or activities may be prohibited; others require specific licensing from OJK / Bappebti. Consult jurisdiction-specific legal counsel before serving users in Indonesia.

Regulatory Profile

Primary Regulator

OJK / Bappebti

Official site

Currency

IDR

MiCA Applies

FATF Member

Yes

OFAC Sanctions

None

G20 / OECD

G20

SL-1 API Call

{
  "action": "place_order",
  "actor": {
    "declared_jurisdiction": "ID"
  }
}

Expected verdict

NEEDS_REVIEW

Test SL-1 on your protocol →

Other Restricted Jurisdictions