Number of Crypto Investors in Indonesia Surpasses 20 Million

• In 2025, crypto trading volume in Indonesia declined.
• However, the number of crypto asset investors exceeded 20 million.

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The number of crypto investors in Indonesia is increasing despite a decline in transaction volumes. This was stated by Hasan Fauzi, a member of the Indonesian Financial Services Authority (OJK), CNBC reports.

According to the regulator’s representative, in 2025 the total volume of cryptocurrency transactions amounted to 482 trillion Indonesian rupiah (about $29 billion). This is below the 2024 figure, when it exceeded 650 trillion rupiah (more than $39 billion).

At the same time, the number of users investing in digital assets, on the contrary, continues to grow. As of the end of December 2025, more than 20.19 million investors were registered in Indonesia.

Fawzi noted that most new investors are from the younger generation. In his view, this is due to the country’s demographic structure, where a significant share of the population is of working age.

In addition, despite the decline in trading volumes in 2025, crypto tax revenues continued to rise. According to Fawzi, in November alone, budget revenues totaled 719.61 billion rupiah (more than $43 million). He emphasized that, with the tax rate unchanged, this points to improved efficiency in oversight and reporting across the sector.

OJK hopes that steady user growth and higher tax revenues will serve as a signal for market participants to more actively comply with legal requirements, including tax obligations.

Earlier, we reported that Indonesian authorities plan to explore the idea of creating a bitcoin reserve and launching cryptocurrency mining using hydropower and geothermal resources.