Jakarta. Indonesian authorities are assuring the public that the domestic digital physical gold trading is safe amidst the China crisis.

The Chinese gold investment platform Jie Wo Rui has been making international headlines after customers struggled to withdraw their gold. The Commodity Futures Trading Regulatory Agency (Bappebti) and Indonesia Commodity & Derivatives Exchange (ICDX) recently commented on this phenomenon.

"As a regulatory body, we ensure that the physical digital gold market in Indonesia is safe. The physical digital gold market ecosystem is complete and regulated by strict Bappebti regulations. In its trading mechanism, digital gold physical traders must first store the physical gold to be traded in a separate institution called a depository manager,” Bappebti head Tirta Karma Sanjaya said.

The physical gold stored in the depository is equivalent to, or 1:1, the amount of digital gold being transacted. 

“The maximum amount of gold stored as referred to is 20%, which can be in the form of cash or cash equivalents placed with a clearing house. This mechanism ensures the availability of physical gold for digital gold trading customers who wish to collect or print it,” Tirta said.

"As an authority, we always urge the public to be cautious when receiving information about digital gold investment offers, whether direct or indirect [via social media]. To ensure the validity of such offers, the public can check with Bappebti, the Stock Exchange, or the clearing house." 

Licensed digital gold traders are available on Bappebti’s official website www.bappebti.go.id. Customers can also check the company’s legality at https://ceklegalitas.bappebti.go.id.

"As an exchange, we have provided a digital gold trading platform with modern technology, which records every gold transaction conducted and reported by ICDX member gold traders,” ICDX director Nursalam said.

“We also ensure that every transaction conducted by digital gold traders and reported to the ICDX includes physical gold. Therefore, the public need not worry about the whereabouts of their gold. The existence of gold in this digital gold market is essentially the same as buying physical gold at a gold store; the physical gold exists. However, in this mechanism, the purchase is digital, and the gold is stored in a depository institution."

Every transaction occurring on the trader's platform is registered with the Stock Exchange and Clearing House. This monitors the availability of gold in the gold vault and ensures that every customer's gold purchase is followed by the transfer of digital gold balances. While digital gold buyers do not receive their physical gold immediately, they can request a withdrawal from the respective traders.

Last year, the digital gold trading volume on the ICDX stood at 58,654,322 grams, up 25.20% from 46,849,357 grams the previous year. In January 2026, transactions totaled 11,913,008 grams, marking a 229% year-on-year growth from 3,621,606 grams