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Journal : AL-Ishlah : Jurnal Ilmiah Hukum

Optimalisasi Perlindungan Konsumen dan Peningkatan Perdagangan Mata Uang Virtual di Indonesia: Studi tentang Peraturan Otoritas Jasa Keuangan Ekawati, Dian; Tohir, Toto; Susanto, Susanto
Al-Ishlah: Jurnal Ilmiah Hukum Vol 27 No 1: Desember 2023 - Mei 2024
Publisher : Fakultas Hukum, Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56087/aijih.v27i1.452

Abstract

This study aims to normatively analyze OJK Regulation Number 3 of 2024, focusing on consumer protection in the context of the increasing trade in virtual currency in Indonesia. This study uses a normative legal research method. The collected legal material is then qualitatively analyzed to describe the problem and answer the study objectives. The results show that OJK Regulation Number 3 of 2024 is crucial in optimizing consumer protection and increasing virtual currency trading in Indonesia. Through the general provisions in OJK Regulation Number 3 of 2024, which cover consumer protection and the sandbox mechanism, the regulation supports responsible testing and development of FinTech innovations. The practical implementation of OJK Regulation Number 3 of 2024, emphasizing personal data protection and transparency, adds a layer of consumer protection. Overall, OJK Regulation Number 3 of 2024 creates an environment conducive to safe and regulated virtual currency trading, enhancing investor and consumer confidence in the Indonesian FinTech ecosystem. Therefore, it is recommended that the government and OJK, FinTech innovators and virtual currency traders, as well as consumers and investors, take strategic steps to enhance consumer protection and optimize virtual currency trading in Indonesia. The Government and OJK need to ensure the effective implementation of OJK Regulation Number 3 of 2024 through widespread socialization, strict supervision, and firm law enforcement against violations. FinTech innovators and virtual currency traders should develop robust risk management systems, enhance operational transparency, and ensure compliance with personal data protection provisions. Consumers and investors are advised to improve their digital financial literacy, critically assess investment risks, and interact only with platforms and service providers that have been verified and comply with OJK regulations. The collaboration between regulators, the industry, and the community will create a safer, more transparent, and sustainable virtual currency trading ecosystem, supporting the growth of the FinTech sector in Indonesia while minimizing potential risks for consumers and investors.
Co-Authors Abdullah Assegaf Adithia Maulady Adnan Rafi Al Tahtawi Aghnia Nur Zahrah Agriyani, Fioni Ahmad Sofyan Ahmad Yusuf Aisyah Indah Almira Ambar Susanto Anisa Dyah Lestari Annisa Nurul Sholihah Anwar, Hadrian Arifal Triprasetyo Adi Ashshidiqi, Hasbi Ayu, Aninda Framesti Ratna Azzahra Salsabila Baisrum Baisrum, Baisrum Bambang Puguh Manunggal Bimo Fajrie Alwaaritsi Brian Fadilah Susanto Budi Setiadi Budi Setiadi, Budi Budi Triyono Budi Utomo, Heri Dandy Nugraha Darwati, Endang Dedi Aming Destri Muliastri Dey Ravena Dian Ekawati Diki Diki Dwi Septiyanto, Dwi Endang Habinuddin Fadilah, Rizal Fazrin, Rifki Rizkullah Febi Ariefka Septian Putra Fikri Sofhani Habinuddin, Endang Handayani Nur Jamilah Hasan Surya Icha Marsya Ramadhani Ichwan Latif Fajari Ilman, Sofyan M. Kartono W. Kasni Sumeru Kumar, Saurav Laras Nurul Syamsy Mauludin, Luthfi Muhammad Melisa Mulyadi Mohamad Firdaus bin Sukri Mufidi, M. Faiz Muhamad Alwi Muhamad Fahmy Muhammad Akmal Muhammad Reihan Iskandar Mujiman Mujiman, Mujiman Muliawan, Rizki MULYONO, NANANG Nabila, Edlyna Syahda Neni Emrida Panjaitan Nisrina Nurul Fadlilah Nuriyadi, Muhammad Nurohmah, Restu Nuryati, Neneng Pramudantoro, Triaji Pangripto Putra, Pahreza Ridwan Putri, Amelia Ocktriviani Rena Reinita Ridwan Solihin Robert Adriaan Philipus Robert Adrian Rully Syahrul Mucharom, Rully Syahrul Sapto Prajogo Shodiya Sulaimon Sirait, Togar SISWOYO Sofian Yahya Sophia Latifah Aulia Sri Nugroho SRI UTAMI Sudrajat Sudrajat Sudrajat Sudrajat SUNARTO Sunarto Sunarto Sunarto Sunarto Supriyadi, Tata Supriyanto Supriyanto Suhono Supriyanto Supriyanto Susanto Susanto Syarif Hidayat Trisnawiyana Trisnawiyana Trisnawiyana, Trisnawiyana Utomo, Heru Budi Wiguna, Tessa Ananta Wijayanti, Linda Winata, Moh Tomi Yosep Santosa Yoseph Santosa Yudi Prana Hikmat