Enactment Of Law Research Articles

Authority of the National Sharia Council (DSN) and the Financial Services Authority (OJK) in the Regulation of Shakira Banks After the Birth of Law no.21 of 2011 Linked to Sharia Principles According to Sharia Banking Law

Objective: After the enactment of Law No. 21 of 2011 concerning the Financial Services Authority (OJK), the supervision and regulation of Indonesia's financial sector, including Islamic banking, was transferred to the OJK. Nevertheless, Islamic banking operations must adhere to sharia principles, supervised by the National Sharia Council (DSN) of the Indonesian Ulema Council. This study explores the division of authority between the OJK and DSN in regulating Islamic banks, focusing on their conformity with sharia principles as outlined in Law No. 21 of 2008 concerning Sharia Banking. Theoretical Framework: Theoretically, this research is grounded in the duality of regulatory oversight—secular and religious—emphasizing the coexistence of financial system integrity and sharia compliance. Employing a juridical-normative method, the study analyzes statutory laws, DSN fatwas, and their application within the regulatory framework. Method: This study uses a juridical-normative approach to analyze the relationship between the Financial Services Authority (OJK) and the National Sharia Council (DSN) in the regulation and supervision of Islamic banking. This approach focuses on normative studies of relevant laws and regulations, such as Law No. 21 of 2011 concerning the Financial Services Authority, Law No. 21 of 2008 concerning Sharia Banking, as well as fatwas issued by DSN. Results and Discussion: The Result and disccusion reveal that while the OJK holds comprehensive regulatory and supervisory authority, DSN retains pivotal control as the interpreter and guarantor of sharia compliance. This dual authority reflects a nuanced balance between maintaining financial system stability and ensuring adherence to Islamic legal principles. Research Implications: The implications of this research underscore the importance of clear, collaborative mechanisms between the OJK and DSN to avoid regulatory overlaps or inconsistencies. Furthermore, this study emphasizes the unique dual-regulatory model as a hallmark of Indonesia's Islamic banking system, contributing to the discourse on harmonizing secular and religious financial governance. Originality/Value: T The originality of this research lies in its juridical-normative approach to analyzing the interplay between OJK's supervisory role and DSN's authority, offering insights into optimizing regulatory practices in Islamic banking.

El rol docente en la enseñanza-aprendizaje con IA

Since the enactment of the Higher Education Law in Argentina, the analysis of the way teaching has been focuced in Higher Education and its effectiveness has been intensified.In the way of learning, the educational act is fundamental. It is not an implicit assumptionor belief that is taken for granted, nor are the skills/capabilities of the student. And in the training of law professionals today we are not just talking about the use of technologies like merely manipulating of them. The rapid evolution places us facing the integration of Artificial Intelligence (AI), and more recently the Generative Artificial Intelligence. Reevaluating our role as teachers in front of a student body that learns from, about, and with AI is a new point in the teaching of law. The professor is an essential mediator of knowledge and a promoter of the development of skills and competencies that enable learning and the construction of new knowledge.Therefore, learning with AI must be approached from an ethical perspective because technology is never ideologically neutral. The algorithms that form it expose and privilege certain worldviews, and particular ways of thinking, learning, and knowing that, without ethics, become dangerous. Additionally, actions are needed to preserve and safeguard human intellectual skills, the diversity of our knowledge system, and to place technology in its service.

Navigating Urban Transformation: The Impact of Green Innovation on Sustainable Development Performance

This paper examines the influence of green innovation on the sustainable development performance of Chinese companies listed on the Shanghai and Shenzhen A-shares market between 2010 and 2021. Utilizing manually collected green innovation patent data from the National Intellectual Property Administration, this paper finds that green innovation can enhance corporate sustainable development performance by improving the corporation’s reputation and increasing resource utilization efficiency within metropolitan areas. Heterogeneity analyses show that the impact of green innovation on sustainable development performance is more pronounced when the urban commercial credit environment is better, following the enactment of the new Environmental Protection Law, and during the implementation of digital transformation processes in cities. This paper enriches the research related to the economic consequences of green innovation and the influencing factors of sustainable development performance, offering theoretical support for policy refinement by regulatory authorities and the optimization of investment decisions by investors.

Wearable Technology in the Perspective of Personal Data Protection Law: A Comparative Study Between Indonesia and the European Union

Wearable Technology is a device that works by recording and collecting various user data such as personal activity and physiological and environmental data. This data enables users to monitor and manage their health with the abundance of personal information provided. Despite its benefits, wearable technology poses potential risks to privacy and data security. Given the sensitivity and confidentiality of health-related personal data, it is crucial to emphasize privacy in wearable technology. The enactment of the Personal Data Protection Law (UU PDP) aims to provide legal certainty for Indonesian citizens against potential digital crimes. Through a comparative study with the provisions applicable in the European Union (EU), this paper analyzes the conception of personal data protection in wearable technology. The findings reveal that the EU's General Data Protection Regulation (GDPR) provides a more comprehensive framework, highlighting areas where Indonesia's UU PDP could be enhanced. Recommendations include adopting stricter data management protocols and raising public awareness to mitigate privacy risks associated with wearable technology.

НАПРАВЛЕНИЯ ПОВЫШЕНИЯ ЭФФЕКТИВНОСТИ МЕЖДУНАРОДНОЙ ПРАВОВОЙ ПОМОЩИ ПО УГОЛОВНЫМ ДЕЛАМ В РОССИЙСКОЙ ФЕДЕРАЦИИ

Introduction: the author examines the factors that enhance the efficacy of legal assistance in criminal cases, identifies concerns and features in a preliminary investigation when international cooperation of law enforcement agencies is required, and elucidates the primary reasons for the incompatibility between domestic law and international law. In light of the findings of the study, the author puts forth suggestions for future development in this field and recommendations for enhancing the efficacy of the preliminary investigation body. Materials and Methods: the study was based on an analysis of international treaties and agreements, regulatory acts, and the proceeding papers of the subject. The author employed a dialectical, comparative legal and legal methodology. Results: the findings indicate that international legal instruments regulating legal assistance in criminal cases are comprehensive in nature. However, an analysis of the legal acts suggests that this area is not without shortcomings and requires comprehensive and coherent enhancement. Furthermore, there is a discrepancy between the practices of law enforcement in international criminal proceedings and the realities of the modern world. To address these shortcomings, the author proposes that Russian education should be oriented towards training specialists who meet the demands of the contemporary era. The author suggests the introduction of specialized courses in foreign criminal law and procedural law. Discussion and Conclusions: it is imperative that a codification of mutual legal assistance be established. Domestic codification is feasible through the enactment of a specific law or the amendment of existing criminal and criminal procedural legislation. The author's perspective is that the enactment is a more preferable course of action for the Russian Federation. In order to enhance the efficiency and efficacy of the investigative work conducted by the Ministry of Internal Affairs of the Russian Federation, it is essential to implement measures that facilitate international cooperation. 1. It is imperative to guarantee precise adherence to the stipulations set forth in regulatory documents. 2. It is imperative to establish personal accountability of the pertinent managerial personnel for the organisation of work in this domain. 3. It is recommended that additional training be conducted within the framework of the official training programme, with the adoption of credits for the study of international cooperation norms and the criminal procedure legislation of the Russian Federation.

Perlindungan Konsumen Terkait Praktik Pemasaran Yang Menyesatkan Melalui Media Digital Di Indonesia (Studi Undang-Undang Nomor 8 Tahun 1999 tentang Perlindungan Konsumen)

Consumer protection serves as a legal effort to guarantee consumers’rights to clear, accurate, and non-misleading information. This study discusses misleading marketing practices in digital media and the legal protections provided to consumers in Indonesia under the Consumer Protection Act (UUPK) Number 8 of 1999. The objective of this study is to understand how existing regulations govern digital marketing and address the frequent issues that disadvantage consumers. The research method employed is normative juridical, using legal materials such as legislation, books, legal journals, and other scholarly articles. The findings indicate that while digital marketing significantly aids business actors in expanding their operations, consumers often find themselves in a vulnerable position as promotional information does not always align with reality and can be misleading. With the growing use of digital media as a marketing platform, there is an increasing need for strict regulations and effective complaint mechanisms to protect consumer rights. This study, alongside the enactment of the aforementioned law, aims to raise awareness among business actors regarding their responsibility to provide honest and transparent information, ultimately fostering a healthy business environment

Formation of Indonesian Laws Post-2022 Amendment to Law No. 12 of 2011

This study aims to analyze the evolution of legal politics in Indonesia’s legislative framework following the amendment of Law No. 12/2011 through the enactment of Law No. 13/2022. This amendment introduced the omnibus method as an innovative approach to drafting regulations. Employing a qualitative methodology rooted in doctrinal legal research and normative analysis, the study examines legal texts, judicial decisions, and other legislative materials. The methodology emphasizes the analysis of legal principles and norms to ensure alignment with constitutional directives and international legal standards. The findings indicate that the implementation of the omnibus method enhances efficiency in the legislative process by consolidating overlapping regulations into a cohesive legal framework. This approach facilitates efforts to address regulatory overload and promotes greater legal certainty. Nevertheless, the study identifies challenges such as resistance within the legislative process and the necessity for continuous oversight to maximize the benefits of this approach. In conclusion, the enactment of Law No. 13/2022 represents a pivotal advancement toward a more responsive and efficient legislative framework in Indonesia. This research provides a valuable contribution to understanding the political dynamics of legal reform and the broader implications of adopting the omnibus method in the national legislative system.

Connectivity of Discretionary Status in State Administrative Court Lawsuit: Implications After Law Number 6 of 2023 on Amendments to the Job Creation PERPPU

This research aims to analyze the impact of regulatory changes on the handling of discretionary authority within the State Administrative Court (PTUN) in Indonesia. Specifically, it examines how the legal status of discretion as an object of dispute has evolved following the enactment of Law No. 6 of 2023, which amended the Job Creation Perppu. The study focuses on how this legislative reform affects the acceptance and settlement of lawsuits related to discretionary decisions by public officials, as well as the legal boundaries that define which discretionary actions can be challenged in court. Using a normative juridical approach and in particular, this research employs statutory analysis to evaluate relevant laws and regulations, case studies to analyze precedents in PTUN decisions, and a comparative approach to assess differences in discretionary oversight before and after the enactment of Law No. 6 of 2023. The findings show that Law No. 6 of 2023 enhances judicial oversight of discretionary actions by allowing challenges based on both procedural and substantive grounds. It sets clearer limits on discretionary authority, requiring decisions to meet standards of transparency, accountability, and public interest. This reform strengthens the PTUN's role in reviewing not only the legality but also the justification of administrative decisions, offering citizens greater protection against arbitrary discretion and promoting good governance. This research contributes to academic discourse on administrative law by offering specific insights into how Law No. 6 of 2023 impacts discretionary authority and PTUN supervision. It highlights that the law now requires discretionary acts to meet stricter standards, focusing on procedural transparency and substantive justification. For instance, public officials must ensure their decisions align with good governance principles, and PTUN now plays a stronger role in assessing the substance of these actions. This provides legal practitioners with clearer guidelines for handling disputes involving discretion, particularly regarding the balance between decision-making flexibility and citizen protection.

Ease of Establishment of Micro and Small Business Individual Companies in Supporting Tourism Businesses after the Enactment of the Job Creation Law

Ease of Establishment of Micro and Small Business Individual Companies in Supporting Tourism Businesses after the Enactment of the Job Creation Law

Effectiveness and Contribution of Local Taxes to Cirebon Regional Revenue

One of the cities that has a lot of potential for local revenue (PAD) is Cirebon City. Various events, such as concerts, dramas, entertainment, and national and international exhibitions, are organized in Cirebon City. The entertainment tax target for Cirebon City has increased as a result of the enactment of Law No. 1 Year 2022 on Financial Relations between the Central Government and Local Government. Descriptive quantitative approach methodology was used in this study. PAD of Cirebon City in 2017-2022, projection of entertainment tax revenue, and realization of entertainment tax are the statistical data used in this study. According to the study findings, the entertainment tax of Cirebon City has an effectiveness rate of 72.87% from 2017 to 2022 despite having less stringent requirements and a very low contribution rate of 1.42%. In order to help the Cirebon City Government to maximize the potential of its area to generate tax revenue in accordance with the predetermined objectives, this study intends to provide knowledge related to the analysis of the effectiveness and contribution of entertainment tax. Keywords: Contribution, Effectiveness, Entertainment Tax, Local Tax, Local Revenue.

PENGEMBANGAN MASYARAKAT LINGKAR TAMBANG DALAM PENGUSAHAAN PERTAMBANGAN

Indonesia is a country rich in mining resources. Mining resources include gold, silver, copper, oil and gas, coal and others. There are a large number of companies operating in the mining sector and investing in the mining sector. Mining operations in Indonesia have caused a lot of controversy. On the one hand, mining operations benefit the government and entrepreneurs, but on the other hand, they sacrifice the environment, causing many problems for the lives of people around the mine. The aim of this research is to analyze the legal aspects related to mining operations and analyze the legal regulations regarding the development of mining communities and the forms of development of mining communities carried out by PT. MSM. The first research method used is a normative juridical research method to find the truth from a normative perspective through a legislative approach from Laws, Presidential Decrees, Presidential Decrees, Ministerial Regulations and concepts regarding the development of mining communities in mining operations. The second research method is empirical juridical research to discover forms of community development around the mine through direct interviews with related parties. The research results related to mining business regulations are based on Article 33 paragraph (3) of the 1945 Constitution of the Republic of Indonesia that states that the Earth, Water and Wealth contained therein are controlled by the state and used as much as possible for the prosperity of the people. Other regulations are contained in Law No. 4 of 2009 concerning Mineral and Coal Mining which has been amended with the enactment of Law No. 3 of 2020. Regulations related to the development and empowerment of communities around mines are also regulated in Minerba Law No. 3 of 2020 and related to CSR, it is regulated in Law No. 40 of 2007 concerning Limited Liability Companies which requires PT business entities to carry out CSR programs. Furthermore, in Minister of Energy and Mineral Resources Regulation No. 41 of 2016 regulates Community Development and Empowerment in Mineral and Coal Mining Business Activities. The existence of PT MSM as a company that carries out gold mining business activities in North Minahasa Regency, North Sulawesi Province has contributed to the development and empowerment of communities around the mine through CSR programs in the fields of infrastructure, education, use of labor and the environmental sector.

Study of Regulatory and Institutional Framework for the Relocation of the National Capital in Indonesia

The plan to relocate Indonesia's capital city (IKN) is rooted in the integrative ideology articulated by Soepomo in 1945. This ideology emphasizes harmony between the macrocosmic and microcosmic forces within the state, supporting the idea that the government center should be situated in the middle of the territory to symbolize supreme authority. Furthermore, the relocation policy is seen as a symbol of entering a new era towards "Indonesia Emas 2045" (Golden Indonesia 2045). However, the enactment of Law No. 3 of 2022 on IKN as a legal basis has faced criticism from various scholars, particularly regarding regulations, institutional frameworks, and funding. Previous studies are considered lacking in their discussion of the capital relocation, especially in addressing the rules of policy implementation. As a result, some earlier research tends to be opinion-based without considering the quality of scientific approaches. This study aims to analyze the policy of relocating the capital city from regulatory and institutional perspectives, with the main contribution being for the government and civil society to evaluate the policy. Generally, this is a normative legal study with a statute approach and a conceptual approach. This research focuses on investigating the regulatory and institutional frameworks, striving to answer the standard of "policy implementation rules" comprehensively. However, this study is limited in its discussion of the funding framework. The findings of this research highlight the relocation policy, both in terms of process and implementation. Overall, the relocation and administration of the new capital (IKN) offer significant benefits, although there are instances of violations or conflicts with existing regulations and institutional frameworks.

Data Breach Disclosure Laws and Social Responsibility Initiatives

Synopsis The research problem This study investigated how firms employ corporate social responsibility (CSR) as a precautionary strategy in response to heightened concerns about cybersecurity following the adoption of data breach disclosure laws in the United States. Motivation CSR has garnered substantial attention in contemporary society. Simultaneously, the last few decades have witnessed a rapid surge of the digital economy. However, it remains unclear how CSR is adapting to digitalization. In this study, I focused on cybersecurity, a pivotal challenge in the digital age. Theoretical reasoning The enactment of data breach disclosure laws enhances the reporting of cybersecurity incidents and intensifies concerns about cybersecurity, promoting firms to take measures to mitigate the adverse impacts of data breaches. Building on the theory that CSR functions like an insurance policy, I hypothesized that firms increase their engagement in CSR to fortify their reputation after the enactment of data breach disclosure laws, helping cushion the potential impact of future breaches. Analyses The main analysis employed a difference-in-differences research design to compare the changes in CSR engagement between firms with high and low levels of cybersecurity risk following the enactment of data breach disclosure laws in the United States. Cross-sectional analyses delved into the underlying mechanisms. Additional analyses first explored the role of CSR in mitigating stock price decline and then illustrated reputational concerns after data breaches. Findings The main analysis showed that firms with high cybersecurity risk increase their CSR engagement to a greater extent following the adoption of data breach disclosure laws. CSR initiatives are particularly pronounced for firms likely to incur significant losses from data breaches, aligning with the theoretical framework and offering insight into the underlying mechanisms. I also found that firms with fewer financial constraints exhibit stronger CSR initiatives. Furthermore, these CSR initiatives are distinct and cannot be substituted by investments in information technology. The additional analysis illustrates that firms with superior CSR performance undergo a smaller stock price decline surrounding data breach announcements. This supports the notion that CSR functions much like insurance, shielding against the impacts of data breaches. Subsequently, this study presents direct evidence on firms’ concerns regarding the reputational impact of cybersecurity. Overall, this study underscores cybersecurity concerns as a driving force behind social responsibility initiatives in this digital era. Target population This research holds significance for policymakers worldwide who are considering cybersecurity-related regulations and for firms seeking effective risk management strategies in the face of cybersecurity challenges.

Legal Implications D of the Enactment of the Job Creation Law on the Authority of Local Governments on the Implementation of Building Approvals (PBG) For Villa Construction

The dynamics of laws and regulations in the field of buildings are also related to the dynamics of laws and regulations on ease of doing business, especially after the promulgation of Law Number 6 of 2023 concerning Job Creation. Regarding the approval of buildings as an instrument of building control, the ease of doing business in the region must be facilitated by the local government, without ignoring its control as an effort to achieve building order and building construction safety.The enactment of Government Regulation in Lieu of Law Number 2 of 2022 on the issuance of building approvals (PBG) in the City/Regency Government is on Regional Original Revenue (PAD) so that tariff adjustments must be carried out selectively within the framework of regional autonomy and fiscal decentralization that gives authority to regions in mobilizing regional revenue. PBG (Building Approval) regulates business actors structurally building construction starting from spatial planning, building types, building models, and others, regulated in the law, so that buildings built by business actors become more orderly. PBG (building approval) also makes city governance more dynamic with strategic goals and principles that are harmonized by the local government.

A classificação do crédito de natureza alimentar na falência do empresário individual

The Decree-Law No. 7,661 of 1945 explicitly prohibited the inclusion of alimony claims in the creditor's ranking in bankruptcy cases, based on the reasoning that such obligations were personal and should not burden the creditors. With the enactment of Law No. 11,101/2005 (LRF), the legislation remained silent on alimony claims, allowing for their inclusion in bankruptcy proceedings involving individual entrepreneurs, as per Article 126. Consequently, the research examined the classification of alimony claims in bankruptcy, suggesting that, due to their legal nature and the vulnerability of claimants, they should be treated similarly to labor claims of a strictly wage-related nature. The methodology used was the hypothetical-deductive scientific method, with a bibliographic and jurisprudential analysis. The hypothesis was confirmed.

Sequential Inheritance Implementation: A Maqasid Sharia Perspective by Jasser Auda (A Case Study in Pagelaran Village, Pagelaran District, Malang Regency)

The urgency of proper inheritance distribution is greatly needed in society. Therefore, an appropriate concept and legal framework are necessary in practice to ensure that the essence of justice and the objectives of Islamic law in inheritance are not compromised. This is exemplified by the practice in Pagelaran village, where inheritance is distributed not according to Islamic law, even though the majority of the population is Muslim. They have a unique method of rotating the inheritance among heirs, taking turns. This practice presents an interesting subject for analysis using the theory of maqasid shari’ah to understand the essence of the objectives behind the enactment of inheritance law in Islam. This study is empirical, using a sociological and conceptual approach. The results can be summarized in two aspects: (1) The practice of rotating inheritance in Pagelaran village is carried out alternately among heirs based on mutual agreement, and in practice, this is driven by the limited land available for distribution. It also serves as a preliminary step toward permanent land division, with the proceeds from the rotation used to cover the costs of certifying the land for each heir; (2) The practice of rotating inheritance fulfills the purpose of maqasid shari’ah as outlined by Jasser Auda and aligns with the essence of the enactment of inheritance law, ensuring the fair distribution of inheritance. This is due to the mutual agreement among the heirs, while also considering the aspects of protection and resilience within the family.

Analysis of Industry 4.0 and the Building Inspection System in the Republic of Türkiye's Applications

Since the enactment of Law No. 4708 on Building Inspection, developments have taken place in the construction sector in Türkiye in terms of material production, their usage in construction sites, construction stages, project management, and implementation, which have led to the need for changes in the inspection field. In this study, the Building Inspection process was classified under seven headings within the scope of the Regulation. The fundamental problems in these headings were analyzed with research methods in the literature. Based on the information, which digital transformation technologies are included in the current practices and which ones are missing have been identified. Collaborations with which technology can solve existing problems have been interpreted, and solutions have been proposed to complete the shortcomings that may be experienced in the inspection field. It has been determined that Industry 4.0 Technologies should be adapted to every step of the inspection process for a healthy inspection system.

Custody (Hadhanah) Regulations in Indonesia and Malaysia: A Developmental Psychology Perspective on Child Welfare

Custody (Hadhanah) holds great importance, as it is a process that shapes a child's character throughout life. The establishment of the age of discernment (mumayyiz) in Indonesia is stipulated in the Compilation of Islamic Law, while in the state of Selangor, it is defined in the Selangor Islamic Family Law Enactment 2003. One implication of setting the mumayyiz age is that it allows a child to choose to live with one of the parents in the event of a divorce. This study is a type of normative legal research employing a comparative law approach. The legal materials used include primary, secondary, and tertiary sources. Data collection techniques are conducted through a literature review of both print and digital sources, using descriptive analysis and inductive reasoning. The results of this study indicate that the age of discernment, according to the Compilation of Islamic Law, is 12 years, while the Selangor Islamic Family Law Enactment 2003 sets it at 7 years for boys and 9 years for girls. The similarities between these two regulations lie in the division of custody (hadhanah) rights, maintenance obligations, post-maternal care, a child's right to choose, and social conditions. The differences, however, involve the strength of legal basis, the determination of the age of discernment, requirements for the caregiver, safeguarding of a child's assets, and the transfer of custody (hadhanah) rights. Developmental psychology suggests that the ideal age for children to make such a choice, within the range of 7 to 12 years, begins at 12 years, as their cognitive and social development at this age is considered sufficient to make a sound decision.

The Influence of DPK, CAR, NPF, FDR, and BOPO on the Profitability of Sharia Banks Listed on the Indonesia Stock Exchange in 2018-2022

In the modern era, the banking industry is one of the key sectors that make a significant contribution to the economy of a country, including Indonesia. With the enactment of Law No. 10 of 1998 on banking which was later updated into Law No. 21 of 2008 on Islamic banking, the Indonesian banking industry has received a positive response. This study aims to examine the contribution of several factors to the financial performance of banks. These factors are Third Party Deposits (DPK), Capital Adequacy Ratio (CAR), Non-Performing Financing (NPF), Financing to Deposit Ratio (FDR), and Operating Expenses Operating Income (BOPO). The descriptive statistical analysis method is used in this study, involving the incorporation of each variable with the average value, minimum value, maximum, and standard deviation. The results of the analysis show that deposits have a negative impact on profitability, CAR has a positive and significant impact on profitability, NPF has a positive and significant impact on profitability, FDR has a negative and significant impact on profitability, and BOPO has a negative and significant impact on profitability. Using Signal Theory, this study highlights the importance of management actions in conveying information to investors to reduce information inequality between management and external parties. This study has limitations such as the use of secondary data that has been published with time series data for only five years (2018-2022), and only involves five independent variables.

Transition of Crypto Asset Supervision From Bappebti to OJK

This article discusses the impact of rapid technological advancements in information and communication on the financial system, particularly the shift from cash-based transactions to non-cash payment methods and the emergence of cryptocurrencies. The increased adoption of digital currencies, such as Bitcoin and Ethereum, highlights the need for a comprehensive regulatory framework to ensure investor protection and financial stability. This study focuses on the role of Indonesia’s Financial Services Authority (OJK) in regulating cryptocurrencies, especially following the enactment of Law No. 4 of 2023, which mandates OJK’s involvement in overseeing these digital assets. The research utilizes a normative legal approach, leveraging a literature review to gather relevant literature, regulations, and legal frameworks on cryptocurrency management. Key findings reveal the existence of a dual regulatory framework involving both OJK and the Commodity Futures Trading Regulatory Agency (Bappebti), which may lead to potential conflicts and challenges in supervision. This article aims to provide recommendations for regulatory harmonization between OJK and Bappebti to enhance regulatory effectiveness and protect investors in the rapidly evolving cryptocurrency landscape. Through this analysis, the study seeks to contribute to a deeper understanding of the regulatory challenges faced by cryptocurrencies and propose policy solutions that can strengthen OJK’s role in this sector..