Regulatory AlertsOJK Circular No. 34/SEOJK.07/2025 on Business Plans for Digital Financial Asset Trading Operators
The Financial Services Authority (OJK) issued Circular No. 34/SEOJK.07/2025 to mandate Digital Financial Asset trading operators to submit comprehensive business plans aimed at enhancing competitiveness, integrity, and governance. The regulation establishes strict timelines for the initial submission of business plans by November 30, 2026, and the first realization reports by mid-2027, while simultaneously repealing specific provisions of the previous Circular No. 20/SEOJK.07/2024. This directive aligns with POJK No. 27 of 2024 to foster innovation and sustainable business practices within Indonesia's digital economy.
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