
BTSE launches regulated crypto exchange in Indonesia under OJK license, enabling IDR deposits and futures trading. Joint venture with PT Aset Kripto Internasional.
BTSE has entered Indonesia's regulated crypto market through the launch of BTSE Indonesia, completing the rebranding of local exchange NVX.
The new platform is a joint venture between BTSE Group and PT Aset Kripto Internasional. BTSE provides the trading engine, liquidity, and underlying technology. The Indonesian entity handles local commercial operations, customer growth, partnerships, marketing, and sales.
BTSE Indonesia operates under a license from Indonesia's Financial Services Authority (OJK). The approval authorizes it as a Digital Financial Assets and Crypto Assets Trading Operator (PAKD). That places the exchange among a limited number of regulated entities permitted to offer crypto trading services in the country while complying with anti-money laundering rules and customer asset protection requirements.
With the license, BTSE Indonesia can work with Indonesian banks and payment providers to support rupiah (IDR) deposits, withdrawals, currency conversions, and IDR trading pairs. The company said the license also creates a path to introduce additional regulated products, including futures trading, subject to rules issued by Indonesian authorities.
“Indonesia has everything it takes to be Asia’s next major crypto hub; the population, the demand, and now the regulatory framework. What it needs now is the right combination of global infrastructure and local expertise. That’s exactly what this joint venture delivers,” said Jeff Mei, Chief Operating Officer of BTSE Group.
Stephanie Kusnadi, Chief Strategy Officer of BTSE Indonesia, said the integration with BTSE gives the company access to global exchange technology while allowing it to continue operating as a platform built around local regulatory requirements and user needs.
The launch comes as Indonesia continues introducing new rules for its digital asset industry. In June, the OJK issued Financial Services Authority Regulation No. 6 of 2026, requiring social media influencers who recommend cryptocurrencies and other digital financial assets to obtain competency certification unless they already hold another qualifying license.
Under the same regulation, influencers may promote only digital assets listed on authorized exchanges. Promotional campaigns must be conducted through licensed financial services businesses that remain responsible for the content. The new requirements place additional compliance obligations on digital asset firms operating in Indonesia's regulated market.
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