Indonesian Journal of Islamic Economic Law
Vol. 3 No. 2 (2026): Indonesian Journal of Islamic Economic Law

Juridical Analysis of Legal Protection for Cryptocurrency Investors Against Blockchain Risks under POJK 27/2024

Ahmad Imam Hambali (Universitas Sebelas Maret, Surakarta, Central Java)
Mahardi Arif (Chief of Crypto Investor, Medan, North Sumatra)
Warda Said (Faculty of Law, Madako University, Tolitoli, Central Sulawesi)
Andi Intan Purnamasari (National University of Malaysia, Kuala Lumpur)



Article Info

Publish Date
11 Aug 2026

Abstract

This study examines how the Financial Services Authority Regulation (POJK) Number 27 of 2024 provides protection to cryptocurrency investors. This research focuses on how the regulations address blockchain risks such as cybersecurity threats, custodial issues, as well as rules that do not provide investors with a sense of security. This study uses a normative approach by analyzing blockchain regulations, as well as the methods used, such as interpretation and synthesis, to guide the analysis. The findings show that POJK Number 27 of 2024 provides a comprehensive legal framework for protection across governance, risk management, compliance, and law enforcement. The regulation provides legal protection in a juridical, preventive, and repressive manner. This research shows that protecting investors requires more than just the rule of law. Because blockchain risks are complex and cross-border, practical measures are needed, including stronger institutions and international cooperation. A major contribution from the study is the Integrative Legal Protection Model for the Blockchain Ecosystem, which integrates various legal protections to better protect cryptocurrency investors. This model emphasizes practical legal protections in addition to existing legal norms to address the challenges of blockchain technology.

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Journal Info

Abbrev

ijoel

Publisher

Subject

Religion Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

Description

Indonesian Journal of Islamic Economic Law is a peer-reviewed journal dedicated to publishing the scholarly study of the islamic economic law many different perspectives. Particular attention is paid to the works dealing with application of Islamic Finance: Islamic finance has been increasingly ...