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.
Regulation / Regulation Search / Business Plan for Digital Financial Asset Trading Operators
Sector: ITSK
Sub-Sector: Digital Financial Assets
Type of Regulation: OJK Circular
Regulation Number: 34/SEOJK.07/2025
Effective Date: 12/1/2025
Attachment 1 SEOJK Number 34-SEOJK07-2025 Business Plan for Digital Financial Asset Trading Operators.pdf Abstract of SEOJK 34-SEOJK07-2025 Business Plan for Digital Financial Asset Trading Operators.pdf FAQ of OJK Circular No. 34/SEOJK.07-2025 Business Plan for Digital Financial Asset Trading Operators.pdf
Page Content Circular Letter of the Financial Services Authority Number 34/SEOJK.07/2025 concerning Business Plans for Digital Financial Asset Trading Operators
Abstract: In order to realize Digital Financial Asset Trading Operators that have high competitiveness, integrity, and are able to provide significant contributions to the development of the national digital economy, as well as to align with statutory regulations to promote the strengthening of governance, product innovation, and business sustainability of Digital Financial Asset Trading Operators, the Financial Services Authority issues a Circular Letter regarding the Business Plan for Digital Financial Asset Trading Operators.
The legal basis for this Financial Services Authority Circular Letter is: POJK No. 27 of 2024 as amended by POJK No. 23 of 2025.
This Financial Services Authority Circular Letter regulates provisions regarding Business Plans, adjustments and changes to Business Plans, Reports on the Realization of Business Plans, as well as the procedures for submitting Business Plans and Reports on the Realization of Business Plans for Digital Financial Asset Trading Operators.
Notes: This Financial Services Authority Circular Letter takes effect on the date of determination. This Financial Services Authority Circular Letter was determined on December 1, 2025. The submission of Business Plans in accordance with this Financial Services Authority Circular Letter is submitted for the first time no later than November 30, 2026. The submission of Reports on the Realization of Business Plans in accordance with this Financial Services Authority Circular Letter is submitted for the first time no later than 15 (fifteen) working days after the end of the first quarter of 2027.
Upon the effective date of this Financial Services Authority Circular Letter: Roman numeral VI numbers 1 to 5; and b. Attachment V, Financial Services Authority Circular Letter Number 20/SEOJK.07/2024 concerning the Conduct of Digital Financial Asset Trading Including Crypto Assets is repealed and declared invalid as of July 1, 2026.
Upon the effective date of this Financial Services Authority Circular Letter: Roman numeral VI numbers 6 and 7; and Attachment VIII letter A, Financial Services Authority Circular Letter Number 20/SEOJK.07/2024 concerning the Conduct of Digital Financial Asset Trading Including Crypto Assets is repealed and declared invalid as of January 1, 2027.