Kaliper Lab
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Indonesia

The three verdicts below apply to promoting platforms to people living in Indonesia. This is a directional summary, not legal advice.

Crypto exchange

Conditional

Supervision moved from Bappebti to OJK on 10 Jan 2025 under POJK 27/2024; only OJK-licensed platforms may serve Indonesians. In June 2026 OJK's Satgas PASTI summoned several influencers over promoting unlicensed platforms and some deleted their content. OJK is drafting dedicated finfluencer rules.

US stock broker

Conditional

No affiliate framework yet. Watch the finfluencer rules OJK is drafting.

Forex / CFD

Do not

Brokers without a Bappebti licence are routinely blocked by Satgas PASTI and Kominfo.

Payment rails in Indonesia →