Jakarta. The Financial Services Authority (OJK) announced on Thursday that two companies have submitted applications to operate digital-asset and cryptocurrency exchanges in the country, signaling continued expansion in the sector.

Hasan Fawzi, OJK’s Head of Financial Sector Technology Innovation Supervision, said Indonesia currently has one licensed crypto exchange, one clearinghouse, two custodians, and 25 registered digital-asset traders.

“We inform you that OJK is processing licensing applications from two prospective crypto-asset bourses,” Hasan said during an OJK Board of Commissioners meeting in Jakarta.

He added that OJK is also reviewing applications from two clearinghouse candidates and two potential digital-asset custodians.

Hasan stressed that licensing decisions will be made carefully to ensure that approved entities demonstrate strong governance, robust risk-management practices, and firm commitments to consumer protection and market integrity.

“We are conducting thorough assessments of the proposed commissioners, directors, and controlling shareholders of these crypto-exchange applicants,” he said.

Interest in Indonesia’s crypto market continues to grow. As of October 2025, the number of registered crypto-asset owners reached 19 million, an increase of 2.5 percent from the previous month. Cumulatively, January–October 2025 crypto transactions totaled Rp 446.77 trillion, according to OJK data.