Indonesia Publishes Official Crypto Exchange Whitelist: 29 Platforms Cleared

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South Korea’s largest exchange, Upbit, is included among licensed exchanges. Source: OJK

Indonesia’s Financial Services Authority (OJK) has officially published a whitelist of 29 licensed crypto platforms, clarifying which exchanges are legally allowed to operate. The list includes both the platform names and their apps, giving traders a definitive reference for legal participation.

Key takeaways:

Unlisted platforms are considered unlicensed; users are urged to avoid them.

South Korea’s Upbit is among the licensed exchanges, highlighting cross-border participation.

The move strengthens consumer protection and aligns Indonesia with international standards for digital asset oversight.

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how come giant like upbit got in there