Financial Services Authority (OJK) reported that the value of crypto asset transactions in Indonesia reached IDR 482.23 trillion throughout 2025.
OJK’s Head of Supervision for Financial Technology Innovation, Digital Financial Assets and Crypto Assets, Adi Budiarso, said crypto transaction movements over the past five years have shown a fluctuating pattern.
“In 2025, the value of crypto asset transactions was recorded at IDR 482.23 trillion. This declined by around IDR 168.38 trillion, or 25.9%, compared with 2024, which reached IDR 650.61 trillion,” Adi said at the Crypto Literacy Month 2026 event in Jakarta on Tuesday (7/4), as reported by CNN Indonesia.
Adi said the decline in crypto transaction value was driven by global pressures, including rising geopolitical tensions.
“From a global perspective, increasing geopolitical tensions, including the escalation of the US–China trade war, as well as conflict in the Middle East, have encouraged a risk-off sentiment in global financial markets,” he said.
In addition, he noted that the decline was also caused by tighter monetary policy in the United States, as well as a broader trend of liquidity tightening globally.
In global futures markets, Adi added, large-scale liquidations of leveraged positions also occurred in the fourth quarter of 2025.
Despite the decline in transaction value, the number of crypto investors in Indonesia has continued to grow. As of February 2026, OJK recorded 21.07 million crypto investor accounts.
“As of February 2026, the number of crypto asset consumers reached 21.07 million accounts,” he said.
From the perspective of state revenue, tax income from crypto assets reached IDR 796.73 billion in 2025. Meanwhile, cumulative crypto tax revenue rose to IDR 1.96 trillion as of February 2026. (DH/KR/ZH)
Originally written by: Zetta Hannany, Ramdhani Pratama
Source: IDN Financials
Published on: 7 April 2026
Link to original article: OJK outlines reasons behind 25% drop in domestic crypto transactions