Indonesia Launches National Crypto Bourse to Strengthen Investor Protection and Regulatory Oversight

Indonesia’s national crypto bourse for investor protection and regulatory oversight could have a significant impact on trading environments.

Indonesian man welcoming to a bureu of crypto in Indonesia.
Created by Kornelija Poderskytė from DailyCoin
  • Indonesia has launched a national crypto bourse for investor protection and regulatory oversight.
  • The move supports the booming crypto sector during the transition period.
  • The bourse lists licensed crypto companies, ensuring a secure trading environment.

In a significant move to address the growing interest in cryptocurrencies and secure investor interests, Indonesia has launched a national crypto asset bourse. 

The government’s announcement emphasized the bourse’s role in providing regulators with transaction records and bolstering monitoring efforts of the booming crypto sector amid a regulatory oversight transition.

Listing Licensed Crypto Companies 

The new bourse is expected to list existing licensed crypto companies as traders. Notable participants include Binance’s Tokocrypto and Indodax. Responsibility over the bourse will fall to PT Bursa Komoditi Nusantara, while PT Kliring Berjangka Indonesia will handle transaction verification. 


PT Tennet Depository Indonesia has been appointed as the crypto asset storage manager, ensuring secure storage of digital assets.

Strengthening Investor Protection and Regulatory Oversight 

The legislation’s primary focus is to enhance investor protection within the cryptocurrency market. This heightened surveillance over the sector aims to minimize potential risks, fraudulent practices, and other irregularities prevalent in the digital asset landscape.

Indonesia’s Fluctuating Crypto Sector

During the pandemic, Indonesia witnessed an exponential surge in crypto investments, despite the country’s ban on using cryptocurrencies as a means of payment. Data indicates that, as of June 2022, approximately 17.54 million people in Indonesia had invested in digital assets, surpassing the number of investors registered with the traditional stock exchange. 


Despite this, according to the Commodity Futures Trading Regulatory Agency (Bappebti), crypto transaction volume between January and June 2023 decreased by 68.7% compared to the same period in 2022, amounting to 66.44 trillion rupiah (or $4.42 billion USD). The most traded cryptocurrencies by Indonesian investors during this period were Tether, Bitcoin, Ethereum, Ripple, and Binance Coin.

On the Flipside

  • Due to expanding market and regulatory changes, the new law mandates a two-year transfer of crypto regulation from Bappebti to Financial Services Authorities.
  • As centralization in the crypto market becomes an ever more contentious subject, the Indonesian government’s intention to monitor transactions may inhibit the platform’s adoption.

Why This Matters

The launch of Indonesia’s national crypto asset bourse signifies the government’s commitment to protect investors amid the nation’s surging interest in cryptocurrencies. By providing regulators with transaction records and strengthening oversight, the bourse aims to mitigate risks and foster a more secure environment for crypto trading, ultimately shaping the future of the country’s digital asset landscape.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Rachita Nayar

Rachita Nayar is an accomplished news reporter for DailyCoin, showcasing an impressive track record in delivering accurate and insightful news coverage within the realms of blockchain, cryptocurrency, artificial intelligence, and machine learning. With a dedicated focus on the ever-evolving technology landscape, she has adeptly navigated the complexities of the industry, making sure that her audience remains informed and up-to-date with the latest developments.