OJK trims and rebuilds Indonesia's digital-asset stack as BI adds South Korea QRIS

PT Tennet Depository Indonesia's licence revocation, effective 12 March 2026, shows OJK is willing to remove a support institution from the inherited stack; the public notice cites the decree and stop-order but does not disclose the underlying breach.

PT Tennet Depository Indonesia's licence revocation, effective 12 March 2026, shows OJK is willing to remove a support institution from the inherited stack; the public notice cites the decree and stop-order but does not disclose the underlying breach.

March 2026 licence grants to PT Arganis Konsultindo Utama and PT Pranata Karya Solusi widen the named custody/depository and clearing-settlement layer, pointing to active market-structure engineering rather than simple conversion of legacy registrations.

POJK 27/2024, as amended by POJK 23/2025, makes the rupiah cash leg explicitly banked and segregated, which is constructive for large-bank safeguarded-funds roles even as BI's Korea QR launch adds corridor connectivity without yet disclosing full technical settlement mechanics.

OJK's March 2026 revocation-and-relicensing cycle shows the digital-asset institutional layer is being actively rebuilt, not merely inherited, while Bank Indonesia keeps widening supervised cross-border payment connectivity. The result is a more bank-centred cash leg, a more selective licensed operator stack, and a still-incomplete map of live counterparties.