feat(jurisdiction): add Indonesia OJK and Singapore MAS cards - #182
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mzf11125 wants to merge 1 commit into
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feat(jurisdiction): add Indonesia OJK and Singapore MAS cards#182mzf11125 wants to merge 1 commit into
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Gives the map its first ASEAN coverage, alongside the existing Hong Kong and China cards. Indonesia: supervision moved from Bappebti to OJK on 10 January 2025, crypto reclassified as a digital financial asset under POJK 27/2024 as amended by POJK 23/2025, with Law No. 4 of 2026 raising the taxonomy to primary law. The card leads on the listing criterion that requires traceability and bars assets whose features conceal ownership or transaction information, which is a direct restriction on on-chain confidentiality in a G20 market. Singapore: DTSP regime under the FSM Act live since 30 June 2025 with no transition window. The single-currency stablecoin framework is recorded as finalised policy that is not yet in force, since the implementing legislation has not been introduced in Parliament.
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Adds
jurisdictions/id-OJK.mdandjurisdictions/sg-MAS.md. The map currently covers Hong Kong and China in APAC and has no ASEAN coverage at all.Indonesia
Supervision of crypto assets moved from the commodity futures regulator, Bappebti, to the financial services authority, OJK, effective 10 January 2025 under Government Regulation 49/2024, as mandated by the P2SK Law. The substantive change is reclassification: crypto is no longer a tradable commodity but a "digital financial asset" inside the financial services perimeter.
Current state, which has moved recently and is easy to get wrong:
The reason this card belongs in a privacy map is a listing criterion. POJK 27/2024 requires traded assets to be traceable and bars assets whose features conceal ownership or transaction information. That is a direct, named restriction on privacy technology in a G20 market, and no other card in the folder documents a rule of that shape. Indonesia is permissive toward tokenised finance and explicitly restrictive toward on-chain confidentiality.
Crypto also remains prohibited as a payment instrument, since the Currency Law makes the rupiah sole legal tender.
Singapore
Permissive and heavily licensed. Digital payment token services sit under the Payment Services Act 2019, and since 30 June 2025 a separate DTSP regime under the Financial Services and Markets Act 2022 captures Singapore-incorporated firms serving customers wholly abroad. That regime commenced with no transition window.
One claim deliberately pulled back: the single-currency stablecoin framework was finalised as policy in August 2023, but the implementing legislation has not been introduced in Parliament, so the card records it as not yet in force rather than as law.
Scope
Both follow
jurisdictions/_template.md. Cross-linked to each other and to the existing Hong Kong and China cards, which gives the map its first connected APAC cluster.Checks
CI_MODE=strict npm run validatepasses with zero warnings against either filecheck-termscleanCHANGELOG entry added under
[Unreleased].