Expertise: Fintech

Legal Framework Governing Cryptoassets in Indonesia

The crypto industry in Indonesia falls under the auspices of the Commodity Futures Trading Supervisory Body (Bappebti), under the Ministry of Trade (MOT) and in coordination with other institutions such as the Financial Services Authority (OJK), Bank Indonesia (BI) and the Ministry of Communication and Informatics (the MOCI). The MOT has acknowledged cryptoassets, including but Legal Framework Governing Cryptoassets in Indonesia

Indonesia Cryptoassets and Blockchain Guide

SSEK Law Firm partners Syahdan Z. Aziz and Winnie Yamashita Rolindrawan and associate Bianca P. Kadarisman contributed the Indonesia chapter to Lexology Panoramic: Cryptoassets & Blockchain 2025. This cryptoassets and blockchain guide provides insight into the legal and regulatory framework in Indonesia; the use of cryptoassets for investment, financing, trading and payments; cryptocurrency mining; blockchain Indonesia Cryptoassets and Blockchain Guide

Fintech Licensing Requirements in Indonesia

In general, all parties that conduct business activities in Indonesia are subject to licensing and registration requirements under the authority of the Ministry of Investment / Indonesian Investment Coordinating Board. For businesses in the financial sector, there are additional specific licensing requirements under the authority of Indonesia’s central bank, Bank Indonesia (BI), and the Financial Fintech Licensing Requirements in Indonesia

Regulating the Promotion or Use of Cryptoassets in Indonesia

The crypto industry in Indonesia falls under the auspices of the Commodity Futures Trading Regulatory Agency (Bappebti), under the Ministry of Trade (MOT) and in coordination with other institutions such as the Financial Services Authority (OJK), Bank Indonesia (BI) and the Ministry of Communication and Informatics (MOCI). The MOT has acknowledged cryptoassets, including but not Regulating the Promotion or Use of Cryptoassets in Indonesia

Deadline Looming as New BI Regulation Requires Payment System Providers in Indonesia to Allocate Human Resources Development Funds

On July 9, 2024, Indonesia’s central bank, Bank Indonesia (“BI”), issued a regulation setting out a framework to harmonize the development and implementation of competency standards in the field of payment systems. BI Regulation No. 5 of 2024 regarding the Standardization of Competencies in the Payment Systems Field (Standardisasi Kompetensi di Bidang Sistem Pembayaran or Deadline Looming as New BI Regulation Requires Payment System Providers in Indonesia to Allocate Human Resources Development Funds

Fintech – Indonesia

SSEK Law Firm partner Winnie Yamashita Rolindrawan and associate Pasha Umar Hubeis have contributed the Indonesia chapter to the Lexology Panoramic: Fintech 2025 practice guide. Fintech – Indonesia provides local insight into fintech innovation and government/regulatory support; regulatory bodies and regulated activities; cross-border regulation; regulation of sales and marketing and of changes of control; financial Fintech – Indonesia

4 Lawyers, 7 Practice Areas – SSEK Recognized in WWL: Southeast Asia 2024

Led by founding partner Ira A. Eddymurthy, four SSEK lawyers have been recognized across seven practice areas in Who’s Who Legal: Southeast Asia 2024. WWL: Southeast Asia is a comprehensive guide to the region’s legal market, highlighting the most highly regarded lawyers and experts across the region. SSEK’s recognized lawyers are:   Ira A. Eddymurthy, founding 4 Lawyers, 7 Practice Areas – SSEK Recognized in WWL: Southeast Asia 2024

SSEK Partner Quoted in Article on Crypto Assets in Indonesia

SSEK Law Firm partner Winnie Yamashita Rolindrawan is quoted in a DealStreetAsia article on crypto assets in Indonesia. In the article, “As new regulations take shape, will Indonesian investors’ interest in crypto hold?,” Winnie talks about the regulation of crypto assets, including the regulatory sandbox, and the challenges and opportunities for crypto players. Winnie’s practice focuses SSEK Partner Quoted in Article on Crypto Assets in Indonesia