The Indonesian digital asset landscape has entered a new era of regulation and transparency with the official release of an expanded list of legally tradable cryptocurrencies. PT Central Finansial X (CFX), the world’s first crypto exchange licensed and supervised by Indonesia’s Financial Services Authority (OJK), has formally announced the recognition of 1,444 cryptocurrencies approved for trading in the country.
This milestone, confirmed through a decision letter issued on April 16, 2025, aims to strengthen legal certainty, enhance transaction security, and expand consumer protection within Indonesia’s rapidly growing digital asset ecosystem. The move marks a significant step forward in aligning the nation’s crypto market with international regulatory standards while supporting innovation and investor confidence.
👉 Discover how to safely trade approved cryptocurrencies in Indonesia today.
Sharp Increase in Legally Recognized Cryptocurrencies
The latest update represents a substantial expansion compared to previous listings. Earlier this year, the Commodity Futures Trading Regulatory Agency (Bappebti) had recognized only 851 cryptocurrencies. The new CFX list nearly doubles that number, reflecting a more inclusive and dynamic approach to digital asset regulation.
This broader recognition supports greater market diversity and gives investors access to a wider range of blockchain-based assets—from established leaders to emerging innovators.
Major Cryptocurrencies Included
The list features all top-tier digital assets, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Solana (SOL)
- XRP (XRP)
- Tether (USDT)
These foundational assets form the backbone of global crypto trading and are now officially sanctioned for use on all licensed Indonesian exchanges.
Popular Altcoins Also Approved
Beyond the major players, a wide selection of altcoins has been added, reflecting growing demand and technological relevance. These include:
- Chainlink (LINK)
- Tron (TRON)
- Toncoin (TON)
- Cardano (ADA)
- Avalanche (AVAX)
These projects are known for their robust ecosystems, smart contract capabilities, and strong developer communities—factors that likely contributed to their inclusion.
Meme Coins Gain Regulatory Recognition
In a notable development, several meme coins have also been officially recognized, signaling regulators’ acknowledgment of community-driven digital assets. Approved meme coins include:
- Dogecoin (DOGE)
- Floki Inu (FLOKI)
- Shiba Inu (SHIB)
- Pepe (PEPE)
Even politically themed tokens such as Official Trump (TRUMP) and Official Melania (MELANIA) are now listed, highlighting the evolving nature of digital asset classification and public interest.
While meme coins are often associated with speculative trading, their inclusion suggests a balanced regulatory approach—one that embraces market realities while maintaining oversight.
Innovative New Entries in 2025
The updated list also welcomes several cutting-edge blockchain projects that have gained traction this year. These include:
- Celestia (TIA) – A modular blockchain infrastructure enabling scalable rollups.
- Ethena (ENA) – A decentralized synthetic dollar protocol.
- Sui (SUI) – A high-performance Layer-1 blockchain optimized for Web3 applications.
- LayerZero (ZRO) – A cross-chain interoperability protocol.
- Pyth Network (PYTH) – A decentralized oracle delivering real-time financial data.
- Ondo Finance (ONDO) – A leader in tokenized real-world assets (RWA).
These additions underscore the growing importance of sectors like DeFi, Layer-2 scaling solutions, and Real-World Asset tokenization in shaping the future of finance.
👉 See which next-gen crypto projects are gaining global traction in 2025.
How Are Cryptocurrencies Evaluated for Inclusion?
CFX applies a rigorous assessment framework when determining which digital assets qualify for legal trading status. Key evaluation criteria include:
- Market Capitalization: Projects must demonstrate sufficient size and liquidity.
- Global Trading Volume: High and consistent trading activity across major platforms.
- Project Reputation & Security: Audits, team transparency, and absence of fraudulent activity.
- Community Adoption: Active user base, developer engagement, and ecosystem growth.
This multi-factor analysis ensures that only credible and sustainable projects enter the regulated market—protecting investors from high-risk or potentially fraudulent tokens.
By setting clear standards, CFX helps build trust in the digital asset space while encouraging innovation within a compliant framework.
Why Compliance with the Legal List Matters
As a Self-Regulatory Organization (SRO) authorized by OJK, CFX plays a critical role in overseeing cryptocurrency trading practices across Indonesia. The official list serves as a mandatory guideline for all licensed exchanges.
Key Rules for Market Participants:
- Only cryptocurrencies on the approved list may be traded on regulated platforms.
- Exchanges must delist any unauthorized assets immediately.
- Investors are advised to verify the legal status of any crypto before buying or selling.
Trading unlisted cryptocurrencies is prohibited and could result in penalties or loss of investor protection. Staying compliant isn’t just about following rules—it’s about ensuring safety in an increasingly complex digital economy.
Market Trends: Usage Grows Despite Trading Dip
Despite a recent decline in monthly trading volume, interest in cryptocurrencies continues to rise across Indonesia.
According to OJK data:
- Crypto transaction value reached IDR 32.78 trillion in February 2025.
- This marks a decrease from IDR 44.07 trillion in January 2025.
- However, the number of active crypto users increased to 23.31 million by the end of February—up from 22.92 million in January.
This trend suggests that while short-term trading activity may fluctuate, long-term adoption is on a steady upward trajectory. More Indonesians are entering the market, not just as traders but as long-term holders and users of blockchain technology.
Hasan Fawzi, OJK’s Head of Supervision for Financial Technology Innovation, Digital Financial Assets, and Cryptocurrencies, emphasized that regulatory clarity is key to sustaining this growth. He noted that initiatives like the expanded legal list help reduce risks and foster responsible innovation.
Frequently Asked Questions (FAQ)
Q: Where can I find the official list of legal cryptocurrencies in Indonesia?
A: The full list is published by PT Central Finansial X (CFX) through its official decision letter dated April 16, 2025. It is available on CFX’s website under regulatory disclosures.
Q: Can I still trade cryptocurrencies not on the legal list?
A: No. Trading unlisted cryptocurrencies on licensed Indonesian exchanges is strictly prohibited. Doing so may expose you to legal and financial risks.
Q: Why were meme coins like DOGE and SHIB included?
A: Due to their widespread adoption, high liquidity, and established presence in global markets, meme coins meet key regulatory thresholds for inclusion despite their origins.
Q: How often is the legal crypto list updated?
A: Updates are issued periodically based on market developments and project performance. CFX evaluates new applications continuously and publishes revisions as needed.
Q: Does this list apply to all crypto exchanges in Indonesia?
A: Yes. All OJK-licensed platforms must comply with the approved list and may only offer trading pairs involving recognized assets.
Q: Are stablecoins like USDT fully legal?
A: Yes. Tether (USDT) is included in the list and is considered a legally tradable digital asset under current regulations.
👉 Stay ahead with real-time updates on newly approved cryptocurrencies worldwide.
Final Thoughts
The approval of 1,444 cryptocurrencies by CFX represents a pivotal moment for Indonesia’s digital economy. It reflects a mature regulatory approach that balances innovation with investor protection, market integrity with inclusivity.
For investors, this means clearer choices, safer transactions, and greater confidence in the legitimacy of their digital holdings. For the industry, it sets a benchmark for compliance and responsible growth.
As blockchain technology continues to evolve, staying informed and compliant will be essential. Whether you're new to crypto or an experienced trader, always verify asset legality and prioritize platforms that adhere to national regulations.
This is more than just a list—it's a roadmap for a secure and sustainable crypto future in Indonesia.