WebThe bank has also referred to cryptocurrency-based payments as “not legitimate.” There have also been reports of widespread use of Bitcoin and other cryptocurrencies in Bali, which is obviously a key hub for ex-patriots and travellers alike. With all this said, it’s still legal to use Bitcoin in Indonesia today. WebLaw No. 7 of 2011 regarding Currency (the Currency Law) provides that Indonesian Rupiah is the only lawful currency in Indonesia, and that any transaction in Indonesia for the purpose of payment, the settlement of other liabilities that must be settled with money, and/or other financial transactions must use Rupiah.

Indonesia regulator says financial firms banned from facilitating crypto …

WebLugano, kota terbesar di Swiss, mengatakan pada hari Kamis (4/3/22) bahwa mereka akan menerima cryptocurrency sebagai alat pembayaran yang sah. Menurut Michele… WebJul 7, 2024 · However, from Indonesia’s legal standpoint, crypto assets are not legal thus far as currencies in Indonesia. Based on Article 1 (2) of Law No. 7 of 2011 on Currency (“ Currency Law ”),... copyright website footer html

Cryptocurrency Indonesia: 3 Important Regulations To Know

WebJan 15, 2024 · Also, Indonesia is one of the top countries increasing Bitcoin usage. A number of Cryptocurrency in Indonesia startups are active in this area both inside and … WebNov 11, 2024 · Crypto Is Forbidden for Muslims, Indonesia’s National Religious Council Rules Crypto is haram due to elements of uncertainty, wagering, harm Indonesian government is … WebJun 16, 2024 · Indonesia’s central bank, the Bank Indonesia, will prohibit the use of cryptocurrencies as a payment tool, according to Governor Perry Warjiyo. He made the announcement during a virtual seminar... famous radio host glass