Analisis Yuridis Kepatuhan Platform Indodax Berdasarkan Peraturan Badan Pengawas Perdagangan Berjangka Komoditi Nomor 5 Tahun 2019

Abstract

Crypto asset investment is currently experiencing significant growth, particularly in Indonesia, where this type of investment is increasingly favored by the public. Crypto assets have been recognized as one of the commodities that can be used as the subject of futures contracts and traded on futures exchanges. This research aims to analyze the compliance of Indodax as a physical crypto asset trader with Regulation of the Commodity Futures Trading Regulatory Agency (Bappebti) Number 5 of 2019, as well as the form of legal responsibility taken by Indodax for losses suffered by users. This study uses normative and empirical juridical methods, with primary data obtained through interviews with Indodax representatives and secondary data from literature studies and applicable laws and regulations. The findings indicate that Indodax has fulfilled its legal obligations, including periodic reporting to Bappebti, implementation of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) principles, protection of user data, and the provision of compensation mechanisms for user losses. The analysis shows that although Indodax generally complies with Bappebti regulations, there is still room for improvement, particularly in risk education and contract transparency. This study concludes that Indodax is a platform that largely complies with the prevailing regulations, although periodic evaluation by regulators remains necessary to strengthen legal protection for consumers in the crypto asset sector.