ANALYSIS OF GOVERNMENT POLICY ON THE SUPERVISION OF CRYPTOCURRENCY INVESTMENT FROM THE PERSPECTIVE OF SIYASAH SYAR'IYYAH
Keywords:
Cryptocurrency, Government Policy, Investment, Siyasah Syar’iyyahAbstract
This study aims to analyze government policies on the supervision of Cryptocurrency investment in Indonesia and examine such policies from the perspective of Siyasah Syar’iyyah. The research focuses on the regulatory framework and supervisory mechanisms established by the government for cryptocurrency trading, as well as their conformity with the principles of Siyasah Syar’iyyah. This study employs a qualitative method with a library research design. Data were obtained through an examination of laws and regulations, government policies, scholarly literature, and other relevant sources concerning cryptocurrency investment supervision. The findings indicate that the government, through the Commodity Futures Trading Supervisory Agency (Bappebti), has issued Bappebti Regulation Number 13 of 2022 concerning Guidelines for the Implementation of Physical Trading of Crypto Assets on Futures Exchanges. This regulation establishes criteria and a list of crypto assets eligible for trading through a strict selection process that considers technical aspects, market adoption, and market capitalization. The policy aims to protect the public from crypto assets that may lack utility and potentially cause financial losses. From the perspective of Siyasah Syar’iyyah, the policy is consistent with the principles of public welfare (maslahah), prevention of harm (mafsadah), public protection, and justice in cryptocurrency trading.
References
Jurnal
Azizah, Andi Siti Nur dan Irfan Irfan. “Fenomena Cryptocurrency Dalam Perspektif Hukum Islam.” Shautuna: Jurnal Ilmiah Mahasiswa Perbandingan Mazhab dan Hukum (2020).
Berutu, Jundri R. dkk. “Regulatory Shifts and Legal Certainty in Cryptocurrency Trading: Towards an Integrated Supervision Model in Indonesia.” Asian Journal of Social and Humanities 3, no. 9 (2025).
Bustomi, Yazid. “State Responsibility to Protecting Crypto Assets Customers.” Unnes Law Journal 9, no. 1 (2023).
Kusuma, Teddy. “Cryptocurrency Dalam Perdagangan Berjangka Komoditi Di Indonesia Perspektif Hukum Islam.” Tsaqafah 16, no. 1 (2020).
Lendrawati, Nessa dkk. “Analisis Perlindungan Bagi Konsumen Dalam Transaksi Digital Menggunakan Transaksi Digital Cryptocurrency Bitcoin.” Jurnal Hukum Sehasen 12, no. 1 (2026).
Nitha, Dewa Ayu Fera dan I Ketut Westra. “Investasi Cryptocurrency Berdasarkan Peraturan Bappebti No. 5 Tahun 2019.” Jurnal Magister Hukum Udayana (Udayana Master Law Journal) 9, no. 4 (2020).
Sioe, Farrel Christian dan Putu Edgar Tanaya. “Regulasi Hukum Cryptocurrency dan Pencegahan Tindak Penyalahgunaannya di Indonesia.” Kertha Semaya: Journal Ilmu Hukum 12, no. 6 (2024).
Sudiyatna, Yudi dan Muhaimin Muhaimin. “Perlindungan Hukum Bagi Investor Pada Transaksi Aset Kripto (Crypto Asset) Pada Bursa Berjangka Komoditi.” JATISWARA 37, no. 2 (2022).
Tauda, Gunawan A. dkk. “Cryptocurrency: Highlighting the Approach, Regulations, and Protection in Indonesia and European Union.” BESTUUR 11, no. 1 (2023).
Yusup, Muhamad dkk. “Blockchain Technology for Cashless Investments and Transactions in Digital Era With SWOT Approach.” Blockchain Frontier Technology 2, no. 1 (2022).
Buku
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 Zahrah Qurrota aini, Darussalam Syamsuddin, Zakirah
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
