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Rejection of Business License Application of PT Galad Koin Indonesia as a Digital Financial Asset Trader

 Rejection of Business License Application of PT Galad Koin Indonesia as a Digital Financial Asset Trader

August 20, 2026
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​Indonesian Financial Services Authority through Financial Services Authority Letter Number S-284/IK.01/2026 dated August 4, 2026, has rejected the business license application as a Digital Financial Asset Trader of PT Galad Koin Indonesia. The rejection of the business license application is effective as of the date of issuance of the letter. Simultaneously with the rejection of the said business license application, the registration as a Prospective Physical Crypto Asset Trader of PT Galad Koin Indonesia, which was granted by the Commodity Futures Trading Regulatory Agency, is declared no longer valid.​

With the rejection of the business license application and the revocation of the registration as a Prospective Physical Crypto Asset Trader, PT Galad Koin Indonesia is prohibited from conducting business activities in the field of Digital Financial Assets including Crypto Assets and is required to settle rights and obligations in accordance with the prevailing laws and regulations, including:

  1. Providing clear information to consumers, the public, and other interested parties regarding the mechanism for settling rights and obligations; and

  2. Providing an Information and Complaint Center for customers and the public and appointing a person responsible for handling consumer complaints. In this regard, consumers may contact PT Gerbang Aset Digital at telephone number +62 85770387131, email: aurinapixel@gmail.com, and address: Jl. Letjen S. Parman No.Kav 73, RT.4/RW.3, Slipi, Kec. Palmerah, Kota Jakarta Barat, Daerah Khusus Ibukota Jakarta 11410.


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