LEGAL ANALYSIS OF LEGAL CERTAINTY IN CRYPTO ASSET INVESTMENTS IN INDONESIA

Abstract

The development of information technology has brought significant changes in the world of investment, including the emergence of crypto assets as new investment instruments. In Indonesia, crypto assets are recognized as commodities that can be traded on futures exchanges based on Minister of Trade Regulation Number 99 of 2018, but their legal certainty still faces various challenges. This study aims to analyze the legal framework governing crypto asset investment in Indonesia and examine the level of legal certainty for investors. The research method used is normative juridical through library research on legislation, legal doctrines, and relevant scientific literature. The results show that the regulatory framework for crypto assets in Indonesia has evolved through various Bappebti regulations and POJK Number 27 of 2024, yet legal gaps remain regarding the status of crypto assets as payment instruments, protection of investor personal data, and dispute resolution mechanisms. This study concludes that legal certainty of crypto asset investment in Indonesia requires comprehensive regulatory strengthening, as well as collaboration between supervisory authorities, business actors, and increased legal literacy of investors.