RRI.CO.ID, Jakarta - The Financial Services Authority (OJK) is accelerating the drafting of specific regulations for financial influencers, or “finfluencers,” including those active in the crypto asset sector. The regulations are expected to be finalized in the first half of 2026.

Friderica Widyasari Dewi, a member of the OJK Board of Commissioners, explained that parties influencing the market are already regulated under the capital market sector, as stipulated in Law No. 8/1995. “Every statement that has the potential to influence stock prices has a clear legal basis,” she said. However, she noted that finfluencer activities outside the capital market require separate regulations.

Friderica said OJK considers it necessary to establish specific rules for finfluencers in the crypto sector, with the drafting process now in its final stages. “We are currently preparing regulations for activities outside the capital market. The process of drafting these provisions is quite lengthy,” she said during the disbursement of indemnity funds by the Indonesia Anti-Scam Center (IASC) in Jakarta on Wednesday, January 21, 2026.

She explained that OJK regulations must undergo several stages, including studies, discussions with financial service providers, market participants, and relevant stakeholders.

Internal coordination with various work units and associations is also conducted to ensure the regulations are comprehensive and effective. Friderica confirmed that all major stages had been completed and expressed optimism that the regulations, including those covering crypto activities, would be finalized in the first half of this year.

House of Representatives Commission XI lawmaker Thoriq Majiddanor said finfluencers require serious regulatory attention, citing numerous public complaints about misleading financial recommendations.

He stressed that the issue affects not only lower-income groups but also the middle class, with grievances often raised during his regional visits.

Thoriq emphasized that financial influencers play a significant role in shaping public perceptions of investment, yet not all individuals providing financial education have adequate competence.

He called for the establishment of special certification for finfluencers, involving education, feasibility tests, and competency evaluations. “Through education, exams, and feasibility tests, influencers who are entitled to provide financial literacy must be credible and competent individuals,” he said at the Parliament Complex in Jakarta on Wednesday, January 21.

Thoriq added that such mechanisms would ensure only qualified and credible parties are allowed to educate the public, a step he deemed essential to protect people from misleading information. (Gusti Panji/Lasti Martina)