The Ministry of Trade of the Republic of Indonesia (Kemendag) and the Commodity Futures Trading Regulatory Agency (Bappebti) officially launched Indonesia's cryptocurrency exchange on Friday, July 28, in Jakarta.
The exchange will be operated by PT Bursa Komoditi Nusantara (Commodity Future Exchange or CFX). Alongside the exchange, clearing and depository institutions were also inaugurated, managed by PT Kliring Berjangka Indonesia and PT Tennet Depository Indonesia, respectively. These entities will collaborate with prospective crypto asset traders (CFAK) to establish Indonesia's crypto ecosystem.
Subani, CFX's Director, confirmed that 23 CFAKs have registered as members of Indonesia's crypto exchange.
Registered Cryptocurrency Exchanges in Indonesia
Here’s the complete list of registered platforms:
- Ajaib Kripto
- Triv
- Nanovest
- Stockbit Crypto
- Naga Exchange
- Bitwewe
- Dex Exchange
- Reku
- Pintu
- Cyra
- Galad
- Gudang Kripto
- MAX
- NVX
- KMK
- Indodax
- Pluang
- Vonix
- Zipmex
- Luno
- Mobee
- Upbit
- Tokocrypto
According to Bappebti’s official website, there are 32 CFAKs in total, meaning 9 platforms remain unregistered. Didid Noordiatmoko, Head of Bappebti, emphasized that CFAKs have a one-month window to register—failure to do so may result in operational license revocation.
👉 Explore secure trading platforms for global crypto opportunities.
When Will Indonesia’s Crypto Exchange Launch?
Per Bappebti’s announcement, the exchange is expected to become operational within a month post-launch. Regulatory oversight will include daily, monthly, and quarterly evaluations to ensure ecosystem integrity.
Didid noted, "Supervision frameworks like Perba are already in place. We’ll conduct progressive evaluations to maintain transparency."
Industry leaders, including Tokocrypto CEO Yudhono Rawis, welcomed the exchange as a milestone for Indonesia’s crypto market:
"This institutional completeness ensures legal certainty, transparency, and investor protection, positioning Indonesia as a regional hub for crypto innovation."
FAQ Section
1. Which exchanges are approved by Bappebti?
- The 23 registered platforms include Tokocrypto, Indodax, Pintu, and Upbit.
2. What happens if CFAKs miss the registration deadline?
- Unregistered CFAKs risk license cancellation and operational bans.
3. How will the exchange impact trading fees?
- Fees may adjust based on market liquidity and regulatory costs.
👉 Compare exchange features for optimal trading conditions.
4. Are there penalties for non-compliant exchanges?
- Yes, Bappebti may impose fines or revoke licenses.
5. Will Indonesia’s exchange support global tokens?
- Initially, offerings will align with Bappebti’s approved asset list.
6. How does this affect investors?
- Enhanced regulatory clarity aims to boost investor confidence and market stability.
Key Takeaways
- Indonesia’s crypto market now has a structured exchange and depository framework.
- Compliance deadlines are critical for CFAKs to avoid penalties.
- The exchange aims to balance innovation with robust oversight.
👉 Stay updated on crypto regulations for seamless trading.
Note: All hyperlinks (except the designated OKX anchor) have been removed per guidelines.