Indonesia Includes Crypto Assets in State Seizure List

Indonesia's government has taken a significant step towards regulating crypto assets by including them in the list of objects that can be confiscated by the state.

The new regulation, PMK Number 23 of 2026, updates an existing law to expand the scope of seized assets to include cryptocurrencies, cash, digital assets, and other financial instruments.

Industry players are responding cautiously to the development, with Tokocrypto CEO Calvin Kizana seeing it as a positive step towards strengthening the legitimacy of crypto assets in Indonesia. However, he also highlighted concerns over infrastructure readiness and potential mismanagement of digital assets.