BTSE Group has launched BTSE Indonesia, marking its official entry into Indonesia’s regulated crypto market. The platform began operations after the rebranding of NVX, a local digital asset exchange, into BTSE Indonesia.
The company announced the launch on July 3 through a joint venture with PT Aset Kripto Internasional. Under the arrangement, BTSE Group provides the exchange technology, trading engine, and liquidity, while the Indonesian entity manages local growth, partnerships, marketing, and sales.
BTSE Indonesia Enters Regulated Market
BTSE Indonesia operates under a license from Indonesia’s Financial Services Authority, known as OJK. The license allows the platform to act as a Digital Financial Assets and Crypto Assets Trading Operator, or PAKD, in the country.
That approval permits BTSE Indonesia to offer regulated crypto trading services while following anti-money laundering rules and customer asset protection standards. It also places the exchange among the approved platforms allowed to serve Indonesian crypto users under local supervision.
The license also allows the platform to work with Indonesian banks and payment gateways. As a result, users can access Indonesian rupiah deposits, withdrawals, conversions, and IDR-denominated trading pairs.
Joint Venture Combines Global Technology and Local Operations
BTSE Group said it will support the platform with trading infrastructure, liquidity, and technical systems. Meanwhile, BTSE Indonesia will use its domestic market knowledge to expand customer access and build business relationships.
Jeff Mei, Chief Operating Officer of BTSE Group, said Indonesia has the population, demand, and regulatory framework needed to become a major crypto hub in Asia. He added that the joint venture brings together global infrastructure and local expertise.
Stephanie Kusnadi, Chief Strategy Officer of BTSE Indonesia, said the integration with BTSE gives the platform access to global exchange technology while keeping its focus on local compliance and Indonesian users.
Indonesia Tightens Crypto Oversight
The launch comes as Indonesia continues to expand its rules for digital assets. In June, OJK issued Financial Services Authority Regulation No. 6 of 2026, which introduced new requirements for crypto promotion.
Under the rule, social media influencers who recommend crypto assets must obtain competency certification unless they already hold another qualifying license. They may also promote only assets listed on authorized exchanges.
The regulation also requires promotional campaigns to run through licensed financial services businesses. These businesses remain responsible for the content. For BTSE Indonesia, the launch places the platform inside a market where regulatory compliance now plays a central role in crypto expansion.
Find the original press release here.