some facts Indonesian financial authorities prohibit bitcoin

in #bitcoin7 years ago

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The Indonesian monetary authority would issue a rule prohibiting the use of bitcoin or other virtual currency as a means of payment. The prohibition by Bank Indonesia (BI) is aimed at financial technology-based service providers including e-commerce so as not to receive bitcoin. what is the status of the next bitcoiner indonesia? the news is sourced from the website www.bbc.com/indonesia. I hope the future of Indonesia is more open to virtual money.
The Governor of Bank Indonesia Agus Martowardojo mentioned several reasons for banning the use of crypto money for transactions. it prohibits in order to implement the principles of prudence, safeguarding business competition, risk control, and consumer protection.

Here's the words of agus
"We prohibit the providers of tekfin (financial technology) and e-commerce and payment system service providers to use and process virtual currency, and work with parties who facilitate transactions using virtual currency,"
Agus continued his argue, the ban to prevent crime, such as money laundering, terrorism financing, and maintain the sovereignty of the rupiah as a means of legitimate payment in Indonesia.
The reasons expressed by Agus have a basis. In 2013 the founder of the Silk Road site, Ross Ulbricht was arrested by the American apparatus because his site was caught more on the sale and purchase of drugs than selling bitcoin.

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