In the last three years, many companies have used technology. The financial technology
industry is developing based on public trust. People use the financial technology industry as a
means of investing. Legal facts state that there are limited regulations governing the financial
technology industry, and empirical facts show that the community receives many losses. This
paper aims to find answers to whether financial technology regulation in Indonesia can provide
legal protection for the community. This research is normative. The study results indicate that
the existing rules have many weaknesses in normalizing legal protection for the community. It
takes goodwill from law enforcers to realize not only the Values of legal certainty but also the
Values of practicality and justice