Overview
- Governor Perry Warjiyo announced the initiative in Jakarta at the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025.
- Bank Indonesia plans tokenised versions of government securities (SBN) that would be collateralised by the planned digital rupiah CBDC.
- The central bank frames the design as a way to tokenise the debt market to boost transparency, efficiency, and liquidity across financial markets.
- Indonesia’s Financial Services Authority requires anti-money-laundering compliance and periodic reporting from stablecoin traders, and stablecoins are not legal tender despite growing use in payments and remittances.
- Indonesia ranks seventh in Chainalysis’s 2025 Global Crypto Adoption Index, and separate local reporting says officials have explored Bitcoin as a potential reserve asset.