Is crypto legal in Indonesia?

Yes, crypto is legal in Indonesia as something to trade and invest in, but not as money. The financial services authority, Otoritas Jasa Keuangan (OJK), has supervised crypto trading since January 2025, while Bank Indonesia bars crypto as a payment method. As of October 2026, that split between legal trading and banned payments defines the market.

Is bitcoin legal in Indonesia?

Yes, to own and trade. Bitcoin is not currency, though. In January 2018 Bank Indonesia said virtual currencies, including bitcoin, are not a legitimate payment instrument, and it barred payment system and fintech operators from processing crypto transactions. It based this on Act No. 7 of 2011 on Currency, which makes the rupiah the currency for payments inside Indonesia.

Is crypto trading legal in Indonesia?

Yes. Crypto was first regulated as a commodity by Bappebti, the commodity futures regulator. Under the financial sector omnibus law (Law 4/2023) and Government Regulation 49 of 2024, supervision moved to OJK on January 10, 2025. OJK Regulation 27 of 2024 now treats crypto as a type of digital financial asset.

Trading runs through licensed businesses. According to law firm A&NR, writing in early 2025, the licensed crypto exchange is CFX, operated by PT Bursa Komoditi Nusantara, and the last Bappebti list allowed 1,396 crypto assets to be traded, which OJK asked licensed exchanges to review. Trading is taxed with a small final tax on each sale, explained in how is crypto taxed in Indonesia. Indonesia's top Islamic council has also issued a fatwa on crypto, covered in is crypto halal or haram.

Can you pay with crypto in Indonesia?

No. Using crypto to pay for goods and services conflicts with the Currency Law. In May 2023, Bali's governor warned foreign tourists against paying with crypto after reports that some hotels, restaurants and shops accepted it. He said violators could face up to one year in prison or a fine of Rp 200 million, and tourists who break rules could be deported. Businesses were told not to accept crypto from tourists.

Is crypto mining legal in Indonesia?

Mining is not prohibited, and the government taxes it. Under the 2025 tax rules, KPMG says miners owe VAT on their income, and from 2026 mining income falls under normal income tax rules. What is illegal is stealing power. In December 2023 authorities in Medan, North Sumatra, raided ten suspected sites where miners were accused of tapping the state utility's lines. Electricity theft can bring up to five years in prison. For mining laws elsewhere, see is crypto mining legal.

Laws differ by country and change often. Check local regulators or a qualified professional for your own situation.