Indonesia’s Financial Services Authority (OJK) releases a whitelist of 29 licensed crypto platforms, including Upbit. Users are urged to only transact with listed entities to ensure legality. Global players like Robinhood and OSL Group are making moves in Indonesia’s expanding crypto market.

OJK Regulation No. 23/2025 tightens oversight of digital assets, requiring exchanges to only facilitate trades in approved assets. Margin mechanisms and knowledge tests for consumers aim to align with international standards and enhance investor protection.

Indonesia solidifies its position as a major crypto market, with Robinhood and data providers recognizing it as one of Southeast Asia’s fastest-growing crypto economies. Chainalysis ranks Indonesia in the global top 10 for crypto adoption, highlighting its dynamic presence in the digital asset space.

Read more at Cointelegraph: Indonesia Names List of Licensed Crypto Traders