Bank Indonesia's policy on Bitcoin

in #cryptocurrency7 years ago

The uncertainty and inconsistency of Bank Indonesia is reflected from the Press Release of June 6, 2014 which is affirmed that "Bank Indonesia states that Bitcoin and other virtual currency are not currency or legal payment instruments in Indonesia."

1.JPG

However, ironically, on the island of Bali there are already Shops, Hotels, Restaurants that have started using Bitcoin as a currency or legal means of exchange. There’s a vending machine at Hubud to convert Indonesian Rupiahs Currency to Bitcoins Currency.

So, what is the next policy of Bank Indonesia?

Sort:  

Congratulations @hart28! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published your First Post
You got a First Vote

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.25
TRX 0.19
JST 0.037
BTC 91726.79
ETH 3325.89
USDT 1.00
SBD 3.90