This Legal Memorandum is titled “Crypto Asset As A Collateral Object” with purpose
to know the legal standing of crypto asset as an object which provides a right as an
collateral based on Civil Law. Problematic issues arise due to legal vacuum in
Indonesia that specifically regulates crypto assets as a certain type of object that
provide some rights such as objects in Civil Law, especially right as a collateral. This
thesis is written in the form of legal memorandum with the following systematics: the
case position, the data, and sources of law compile, then continued with the research
method which is normative legal research that focuses on the positive legal norms in
the form of legislation, the legal analysis, and then closed by the conclusion with the
form of legal opinions and recommendation. Due to its characteristics, crypto asset is
a movable object without real physical form, so that in determining the type of
collateral, it must be in accordance with the civil law provisions of collateral for
intangible movable objects. Primary data was obtained from the positive law while
secondary data were academics legal opinion which obtained from literature studies.
The result showed that crypto asset is categorized as an intangible moveable object
with pawning as the only applicable type of collateral.