Indonesia’s Financial Services Authority (OJK) officially announced the imminent launch of the on-chain economy at Coinfest Asia 2026 in Bali. The domestic crypto market reached 22.69 million consumers as of June 2026, with transaction volumes hitting IDR 28.58 trillion, up 24.2% from the previous month. OJK outlined four regulatory priorities: recognizing crypto service providers as financial services institutions, implementing a Single Investor Identification system, establishing stablecoin regulations, and developing a framework for real-world asset tokenization. The global stablecoin market reached between $317 billion and $320 billion in early 2026, while the RWA tokenization market grew by 256.7% in the first quarter of 2026, approaching approximately $33.5 billion.
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