Investment ministry backs digital finance innovation at Bali Conference
Deputy Minister of Investment and Downstreaming/Deputy Head of Investment Coordinating Board (BKPM), Todotua Pasaribu, voiced strong government support for investment and innovation in digital finance during the CFX Crypto Conference (CCC) 2025 held at Nuanu Creative City, Bali.
Speaking on a panel, Pasaribu underscored the government’s commitment to strengthening Indonesia’s investment climate, particularly in the digital finance sector. He highlighted ongoing efforts to prepare digital infrastructure and improve regulations to attract global investors.
“The investment ministry has taken several breakthroughs, including promoting special economic zones and industrial estates as destinations for investment in data centers and other supporting infrastructure. We are also implementing the ‘fiktif positif’ concept to provide certainty in licensing timelines,” Pasaribu said on Friday, August 22, 2025, in apparent reference to a mechanism for business licensing.
He emphasized that all investments, including those in digital finance, must deliver tangible benefits for economic growth and public welfare. “We want investments and innovations not only to exist but to operate orderly and provide real benefits to society. With proper management, the economic ecosystem will be healthier and deliver added value for the country,” he added.
Chairman of the Financial Services Authority (OJK), Mahendra Siregar, who also addressed the conference, said that regulators are supporting digital finance innovation, including crypto assets, while maintaining caution to mitigate risks. “We support crypto development by ensuring it takes place in a controlled environment so that potential risks to the financial sector can be minimized,” Siregar said.
Meanwhile, Chairman of the Finance and Banking Commission XI of the House of Representatives (DPR), Mukhamad Misbakhun, stressed that the government is committed to creating regulatory certainty. He assured industry players that stablecoins, real-world assets, and tokenization will be regulated to support healthy growth.
Indonesia’s crypto industry has shown strong progress, with transactions reaching Rp 650.6 trillion (US$39.8 billion) in 2024 and registered investors totaling 22.1 million by November last year. The most traded assets included Bitcoin (BTC), Dogecoin (DOGE), Pepe (PEPE), and XRP.
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