Indonesia's Financial Services Authority has introduced new regulations requiring influencers in the financial sector, including those in cryptocurrency, to disclose paid promotions and obtain certification for recommending assets. Companies will also be held accountable for information shared by influencers in collaborative marketing efforts. This move aims to enhance financial literacy and protect consumers from misconduct. Earlier this year, the authority fined an influencer 5.4 billion rupiah (approximately $300,000) for stock price manipulation.