Which exchanges are licensed in Indonesia?

TLDR

Indonesias Financial Services Authority (OJK) has officially whitelisted 29 licensed crypto platforms; examples include Indodax, Pintu, Pluang, Reku, Upbit Indonesia, Tokocrypto, and Triv per the regulators list (OJK whitelist).

1. Other licensed names include BTSE Indonesia, Stockbit Crypto, Ajaib Kripto, CoinX, Cyra Exchange, Nanovest, and Bittime (CryptoNews summary).
2. Prospective traders still under review include Luno Indonesia, Fasset, Digitalexchange.id, and Crypto Warehouse (OJK whitelist).
3. Core market infrastructure: CFX (exchange), Kliring Komoditi Indonesia (clearing), and custodians Kustodian Koin Indonesia and Tennet Depository Indonesia (CryptoNews summary).

Deep Dive

1. Licensed Platforms

OJK published a formal whitelist of 29 licensed crypto platforms, clarifying which exchanges can legally operate in Indonesia (OJK whitelist). Notable entries include Indodax, Pintu, Pluang, Reku, Upbit Indonesia, Tokocrypto, and Triv.

1. Additional licensed platforms cited include BTSE Indonesia, Stockbit Crypto, Ajaib Kripto, CoinX, Cyra Exchange, Nanovest, and Bittime (CryptoNews summary).
2. Media coverage confirms OJKs list and urges users to transact only with listed platforms (Cointelegraph report).

2. Prospective Traders

OJKs whitelist distinguishes fully licensed platforms from prospective traders still completing licensing. Current prospective entries include Luno Indonesia, Fasset, Digitalexchange.id, and Crypto Warehouse (OJK whitelist).

1. OJK warns the public to treat unlisted platforms as unlicensed and rely on the whitelist for verification (Cointelegraph report).
2. The whitelist sits within broader tightened rules for digital financial assets and derivatives to enhance investor protection (CoinJournal coverage).

3. Market Infrastructure

Indonesia also defines licensed core infrastructure. CFX is the licensed digital asset exchange; Kliring Komoditi Indonesia handles clearing; custody services are provided by Kustodian Koin Indonesia and Tennet Depository Indonesia (CryptoNews summary).

1. These entities safeguard user assets and provide regulated market rails aligned with OJKs oversight (OJK whitelist).
2. OJKs framework prohibits trading unregistered assets and tightens derivatives rules to international standards (CoinJournal coverage).

Conclusion

OJKs whitelist removes ambiguity about who can legally operate in Indonesias crypto market. For practical safety, rely on the licensed names and the list above, and treat unlisted platforms as unlicensed per OJK guidance.