Jakarta, April 6 -- The Financial Services Authority (OJK) is encouraging the strengthening of the crypto industry, in response to the transaction slowdown in February 2026.

The value of crypto asset transactions was recorded at Rp24.33 trillion (US$1.43 billion) in February 2026, lower than the Rp29.28 trillion (US$1.72 billion) recorded in January.

The slowdown was influenced particularly by the ongoing Middle East conflict, according to the authority's chief executive for the supervision of financial sector technology innovation, digital financial assets, and crypto assets, Adi Budiarso.

"This is inseparable from global factors. Market cycles, where market sentiment is influenced by several events, particularly geopolitical turmoil,...