Nanovest Receives Historic OJK Approval for Ethereum Staking Services

Regulatory Milestone in Indonesian Crypto Industry

Nanovest, a prominent crypto asset trading platform in Indonesia, has achieved a significant regulatory milestone by becoming the first crypto exchange in Indonesia to receive approval from the Financial Services Authority (OJK) to offer Ethereum (ETH) staking services. The approval was granted through OJK Letter No. S-327/IK.11/2025 dated December 18, 2025.

Understanding Staking Services

The OJK approval specifically permits Nanovest to provide staking services related to crypto assets that utilize the Proof of Stake (PoS) consensus mechanism. Staking involves the process of locking these PoS-based crypto assets to activate network validators. These validators play a crucial role in maintaining the integrity of the blockchain network by performing essential functions such as storing data, processing transactions, and adding new blocks to the blockchain.

Market Implications

This regulatory approval positions Nanovest at the forefront of Indonesia's evolving cryptocurrency landscape. By obtaining OJK's approval, Nanovest demonstrates its commitment to operating within the regulatory framework while innovating in the crypto space. The introduction of staking services is expected to enhance user engagement and provide additional revenue streams for the platform.

Regulatory Context

The OJK's decision to approve Nanovest's staking service marks a significant step in the regulation of crypto assets in Indonesia. It reflects the regulator's efforts to balance innovation in the financial technology sector with investor protection and market integrity. This development may pave the way for other crypto exchanges in Indonesia to explore similar services, subject to regulatory approvals.