Indonesia adds a named licensed crypto infrastructure stack

Indonesia’s OJK data and ICEx launch materials now support a named licensed crypto exchange-clearing-custody chain, with scale still unproved.

Narrowly: Indonesia now has official evidence for a named licensed crypto exchange, clearing, and custody chain inside a two-stack regulated market, while the public record still does not prove operating depth.

OJK reported 31 licensed entities in the Digital Financial Asset and crypto ecosystem, including two exchanges, two clearing institutions, two custodians, and 25 Digital Financial Asset Traders.

OJK’s March update puts the market at two exchanges, two clearing institutions, two custodians, and 25 Digital Financial Asset Traders; ICEx then names a licensed exchange-clearing-custody chain. That proves topology, not throughput, member breadth, or custody quality.