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Techub News, according to Cointelegraph, blockchain infrastructure company Global Settlement Network (GSX) has partnered with Indonesia's local Globalasia Infrastructure Fund to launch a pilot in Jakarta, Indonesia. The initiative will tokenize assets of 8 government-contracted water treatment plants, aiming to raise a maximum of approximately $35 million for facility upgrades and water supply network expansion. These facilities currently serve over 36,000 residents, supplying about 2,300 liters of clean water per second, and are projected to generate over $15 million in revenue by the end of 2026. GSX also plans to expand this model across Southeast Asia within the next 12 months, targeting the formation of $200 million in tokenized water assets.
Techub News reports, according to TechinAsia, Indonesian cryptocurrency exchange ICEx has obtained an operational license from the financial regulator OJK, becoming the country's second licensed cryptocurrency exchange. Currently, ICEx has secured approximately 1 trillion Indonesian Rupiah (70 million USD) in strategic financing from sources including local cryptocurrency companies and digital asset firms.
Techub News, according to CNBC Indonesia, data from Indonesia's Financial Services Authority (OJK) shows that the country's total cryptocurrency asset transaction volume in 2025 reached IDR 482.23 trillion (approximately USD 286 billion). Furthermore, as of November 2025, the number of cryptocurrency consumers showed a growth trend, reaching 19.56 million. However, in December 2025, the transaction volume of crypto assets decreased by 12.22% compared to November's IDR 37.23 trillion, dropping to IDR 32.68 trillion. Last year, the authority imposed administrative sanctions on 13 fintech operators and 30 digital asset and cryptocurrency companies.
Techub News reported, according to Kontan, Indonesian tax authorities will begin obtaining data from e-wallet and cryptocurrency service providers based on the newly enacted Ministry of Finance Regulation No. 108 of 2025. This regulation brings payment service providers and electronic money operators into the country's financial information reporting system, requiring both bank and non-bank e-wallet providers to comply with the same data-sharing requirements as other financial institutions when managing specific types of digital currencies or central bank digital currencies. The regulation aligns with the updated Common Reporting Standard and Crypto-Asset Reporting Framework from the Organisation for Economic Co-operation and Development (OECD). Indonesia plans to start automatically exchanging e-wallet and crypto asset information for the year 2026 with partner countries beginning in 2027.
Techub News, according to Solid Intel, Bank Indonesia Governor Perry Warjiyo confirmed the launch of a national stablecoin collateralized by government bonds.
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