Will Bitcoin be allowed as an Investment tool

The fate of bitcoin in Indonesia is still unclear and requires a long process. Currently the digital currency is certainly not valid for buying and selling, but there is no clear decision about its status as an investment tool in the form of commodity futures. CEO of Bitcoin Indonesia Oscar said it supports the rules that prohibit the existence of bitcoin as a currency that can be used to buy something. But on the other hand, he hopes bitcoin can one day be accepted as an investment instrument, such as commodity futures.

If in South Korea can be traded because it is considered as an investment instrument (as a commodity futures). If here is still talked about, wait for Commodity Futures Trading Supervisory Agency (Bappebti).Although still not clear, there is potential Bitcoin can be considered as an investment instrument in the form of commodities futures. A review by Bappebti on the potential is also under way.

Task Force (Satgas) Alert Investment OJK Tongam Lumban Tobing said Bitcoin is only forbidden in terms of usage as currency. But until now it does not know whether there is an official ban stating bitcoin should not be used as an investment tool. firmly Tonggam on the same occasion. On the other hand, he ensures that OJK always coordinates with the Ministry of Trade and Bappebti. According to him, the study of bitcoin as an investment tool is still ongoing.

At the end of January, Bappebti revealed that it was reviewing bitcoin and its potential as a commodity futures. The study was conducted because the agency judged from the huge potential in bitcoin trade. Head of Bappebti Market Development and Development Bureau, Dharmayugo Hermansyah said that the study is scheduled to be completed by June 2018. The study conducted in January is a discussion with commodity derivatives and futures exchange clearing Indonesia.