New OJK Regulations Take Effect; Bittime Welcomes Strengthened Governance in the Digital Asset Industry

Jakarta, September 9, 2026 – Bittime, as a Digital Financial Asset Trader (PAKD) registered with and supervised by the Financial Services Authority (OJK), welcomes the enactment of OJK Board of Commissioners Member Regulation (PADK OJK) Number 3 of 2026 concerning the Implementation of Digital Financial Asset Trading, including Crypto Assets, effective September 1, 2026. 

Bittime believes that strengthened reporting mechanisms can support the creation of a digital asset industry that is increasingly transparent, accountable, and governed effectively.

According to the OJK website, PADK No. 3 of 2026 establishes guidelines regarding reporting mechanisms and formats for digital financial asset and crypto asset trading providers. The regulation covers several types of reporting, including monthly reports, risk management self-assessments, annual activity reports, and incidental reports.

Bittime Operations Director, Ryan Lymn, said that strengthening regulations and reporting mechanisms is a positive step toward building a more structured digital asset industry.

“As a PAKD registered with and supervised by OJK, we welcome the strengthening of regulations and reporting mechanisms. We see this as a positive step toward building a digital asset industry that is increasingly transparent and well-governed. Compliance with applicable regulations is also an important part of maintaining consumer trust and ensuring that the industry develops responsibly,” said Ryan.

Digital Asset Developments in the Global Market

Developments in the digital asset industry are also continuing globally, as the range of instruments available to market participants continues to expand. One of these is derivatives trading, which has become a significant part of crypto asset trading activity.

According to a CoinMarketCap Research report, 11 monitored exchanges recorded total spot and derivatives trading volume of US$4.74 trillion in June 2026. Of this amount, derivatives accounted for approximately US$4.00 trillion, or 84.5% of total trading volume.

This development is one of the contexts for Bittime's development of Bittime Futures, complementing its Spot and Staking ecosystem. 

Bittime is also targeting a tenfold increase in Bittime Futures trading volume during its first year of operations. 

This target is part of the development of the futures product, which still needs to be balanced with education, literacy, and an understanding of product risks.

The Importance of Understanding Futures Risks

Amid the development of derivatives trading, futures have different characteristics from spot trading, making an understanding of their mechanisms and risks important.

“Futures have different characteristics and risks compared with spot trading, so understanding the mechanisms, risk management, and market conditions is important. Therefore, product innovation needs to go hand in hand with education and consumer protection,” Ryan explained.

The use of leverage can increase exposure to price movements. Price changes against a position can also amplify potential losses and, under certain conditions, result in liquidation. 

Therefore, futures are not suitable for all investors, and prospective users need to understand the characteristics and risks of the product before conducting transactions.

Product Innovation Goes Hand in Hand with Compliance

As part of its digital asset ecosystem development, Bittime provides a 3-in-1 product offering within a single application: Spot, Staking, and Futures.

These products are developed while continuing to prioritize education, consumer protection, risk management, and compliance with applicable regulations.

For Bittime, the development of the digital asset industry is determined not only by product innovation, but also by the ability of industry participants to build responsible governance.

This is becoming increasingly relevant as Indonesia's digital financial asset regulatory framework continues to develop. Strengthening reporting mechanisms through PADK OJK Number 3 of 2026 is one part of this development.

“Bittime will continue to be committed to complying with OJK regulations, strengthening consumer protection, and delivering innovation responsibly. We see Bittime Futures as part of product innovation that needs to be developed while continuing to prioritize compliance, education, and risk management,” Ryan concluded.