Blockchain and Crypto-Assets 2026

INDONESIA

Malaysia

Indonesia

Jakarta

Law and Practice Contributed by: Winnie Yamashita Rolindrawan, Bianca Putri Kadarisman and Qafaldi Putra Ismayudha SSEK Law Firm Contents 1. Overview of Blockchain and Crypto-Assets p.313 1.1 Blockchain p.313 1.2 Crypto-Assets p.315 2. Regulation p.316 2.1 Regulators and International Alignment p.316 2.2 Crypto-Asset Regulatory Frameworks p.317 2.3 Regulated Firms and Legal Wrappers p.317 2.4 Token Issuance p.317 2.5 Market Abuse p.317 2.6 Non-Compliance p.318 3. Licensing and Set-Up Requirements p.318

Australia

3.1 Licensing Requirements p.318 3.2 Set-Up Requirements p.319 3.3 Change of Control p.319 3.4 Passporting p.319 4. Cross-Border Services p.319 4.1 Marketing p.319 4.2 White Labelling p.320 5. Decentralised Finance p.320 5.1 Ability to Use DeFi p.320 5.2 DeFi Structures p.320 5.3 Liability p.320 6. Payments and Stablecoins p.321

6.1 Payments p.321 6.2 Stablecoins p.321 7. Tokenisation and Real-World Assets p.321 7.1 Treatment p.321

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