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KBLI Navigator/Section K/66123
KBLI 66123

Digital Financial Asset Brokerage

Kepialangan Aset Keuangan Digital

🏦 Section K — Financial & Insurance Activities

PMA status not yet verified for this KBLI 2025 code

❓PMA unverifiedDirect Match❓Not classifiable — divergence documented

Kelompok ini mencakup kegiatan yang memfasilitasi perdagangan aset keuangan yang direpresentasikan secara digital, seperti kripto, yaitu kegiatan bertransaksi di bursa aset keuangan digital atas nama pihak lain atau nasabah.

Authoritative BPS crosswalk
Official BPS 2020 → 2025 crosswalk ancestors: 66159

Source: the BPS 2020↔2025 conversion table, mechanically extracted and acceptance-gate verified. It shows which 2020 codes map to this 2025 code — provenance only, not a licensing claim: the regulatory regime of these predecessor codes has not been adjudicated as transferring.

PP 28/2025 licensing source
PP 28/2025 licensing-source codes (KBLI 2020 numbering): 66123

These codes identify the PP 28/2025 regulatory rows used as licensing sources for this page. They are not the official BPS 2020 → 2025 crosswalk and do not establish predecessor ancestry.

Regulatory Divergence

The licensing previously shown for 66123 was removed because its source could not be verified as applying to this activity. Here is what the sources actually say — with citations.

Correction note — verbatim, with source locators

KBLI 2025 code 66123 'Kepialangan Aset Keuangan Digital' (digital financial-asset brokerage — facilitating trade in digitally-represented financial assets such as crypto, i.e. transacting on a digital financial-asset exchange on behalf of another party or client) carries a served per_skala row verified this session, by direct read of the canonical payload, to be the SAME cooperative-rating licensing regime documented for 66116 above (byte-identical kewajiban block: 'Menyampaikan laporan kegiatan kepada kementerian koperasi dan ukm', 'aktivitas pemeringkatan koperasi', rating-personnel certification requirements) — topically unconnected to digital financial-asset brokerage. canonical status_mapping='MATCH_LANGSUNG', pp28_sources=['66123'] — crosswalk metadata NOT disputed by this cure; the defect is confined to the served payload. Per the detach-all rule (same convention as Lot 1/2/3), the entire per_skala array is detached. per_skala detached; the licensing regime for digital financial-asset brokerage is not retrievable from the pinned sources as hunted. Lot 4 conductor gate (second signing), run wf_66ea406e-b0d, 2026-07-19.

The detached licensing rows (source unverified for this activity)1 row

These rows were previously shown on this page and have been detached — the correction note above documents, with source locators, why their source could not be kept for the activity this page describes. They are preserved here as the audit trail of the divergence.

Mikro, Kecil, Menengah, BesarMedium-Low RiskNIB dan Sertifikat StandarAuthority: Menteri/ Kepala Badan
BPS Peraturan 7/2025 (KBLI 2025 classification)PP 28/2025 (risk-based licensing annexes)OSS RBA ruang-lingkup — no KBLI-2025 scope retrievable via the OSS API (404)

Sources & Verification

Each data layer below traces to a government source with its KBLI vintage — or is declared as a gap. Nothing in these layers is silently filled in.

Activity definition
BPS Peraturan 7/2025 + PP 28/2025VerifiedKBLI 2025

Title and scope as defined by the KBLI-2025 classification.

locator: OSS_RBA_2025_id_version_fff4053d

Risk & licensing
Detached — source could not be verifiedDeclared gap—

The previously-served rows were removed because their source could not be verified as applying to this activity. See Regulatory Divergence above for the documented correction note.

Foreign ownership (PMA)
No adjudicated per-code official basisDeclared gap—

The canonical record declares a verification gap for the current ownership value. The instrument locator layer can identify a potentially applicable provision, but it does not verify this whole-code verdict; confirm it at oss.go.id before relying on it.

Dataset last updated 2026-08-15 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.

Common Questions
Can foreigners operate a digital financial asset brokerage business in Indonesia?
Not yet verified. The canonical record carries a current PMA label for KBLI 66123 (Kepialangan Aset Keuangan Digital), but no adjudicated per-code official basis and source vintage verify that whole-code verdict. Confirm the current treatment at oss.go.id before planning a PT PMA. (No adjudicated per-code official basis and vintage currently verify this verdict; confirm it at oss.go.id before relying on it.)
What license is required for KBLI 66123?
We cannot yet show a verified licensing basis for KBLI 66123: the licensing previously associated with this code was removed because its source could not be verified as applying to this activity. See the Regulatory Divergence section on this page for the documented sources, and verify the current OSS treatment before relying on any licensing assumption.
What is KBLI 66123?
KBLI 66123 is the Indonesian business classification code for "Kepialangan Aset Keuangan Digital" (Digital Financial Asset Brokerage). It falls under Section K of KBLI 2025, the Indonesian Standard Industrial Classification updated by BPS (Regulation 7/2025). The June 2026 KBLI 2025 transition window has closed; operators should verify the code's current OSS/NIB treatment before relying on it for licensing, reporting, or amendments.
How did KBLI 66123 change from KBLI 2020 to 2025?
According to the official BPS 2020 → 2025 crosswalk, KBLI 66123 has recorded KBLI 2020 ancestor(s) 66159. This is provenance only, not a licensing claim; no predecessor licensing regime is asserted to transfer. The June 2026 KBLI 2025 transition window has closed. If an NIB still relies on legacy KBLI 2020 mappings, treat the migration as overdue and verify/remediate the OSS record before new license applications, amendments, LKPM, import approvals, or investor/worker sponsorship.

Related Codes

66124Section K

Money & Forex Market Brokerage

Kepialangan Pasar Uang dan Pasar Valuta Asing

→
❓PMA unverified
66122Section K

Commodity Futures Brokerage

Kepialangan Perdagangan Komoditas Berjangka

→
❓PMA unverifiedHigh Risk
66125Section K

Money Changer

Aktivitas Penukaran Valuta Asing (money Changer)

→
❓PMA unverifiedHigh Risk
66121Section K

Securities Brokerage (Non-Carbon)

Kepialangan Efek Selain Unit Karbon

→
❓PMA unverifiedHigh Risk
66126Section K

Securities Crowdfunding Platform

Penawaran Efek melalui Layanan Urun Dana Berbasis Teknologi Informasi (securities Crowdfunding)

→
❓PMA unverifiedHigh Risk
66119Section K

Other Financial & Commodity Market Administration

Administrasi Pasar Keuangan, Pasar Berjangka Komoditas, dan Pasar Sejenisnya Ytdl

→
❓PMA unverifiedHigh Risk
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