Government of Indonesia: Bitcoin is prohibited Transact in Indonesian

in #trending6 years ago

image

image

The government announced a severe ban on the use of virtual currency (cryptocurrency) such as bitcoin as a means of transaction and payment in Indonesia.
The Governor of Bank Indonesia Agus Martowardojo warned people not to trade or buy bitcoin, because no regulatory body supervises bitcoin, making it vulnerable to risk to the public.
The use of bitcoin, Agus said is also close to the possibility of money laundering and terrorism financing.

"Bitcoin is close to the possibility of being a money laundering instrument, therefore we warn the public not to trade, buy bitcoin sale," said Agus during a press conference The first Financial System Stability Committee (KSSK) Meeting in 2018 at the Ministry of Finance, Jakarta, Tuesday (10/2/2018).
The meeting was attended by Finance Minister Sri Mulyani, Chairman of the Board of Commissioners OJK Wimboh Santoso and Chairman of LPS Commissioner Halim Alamsyah.

In the same place, Finance Minister Sri Mulyani, said the Ministry of Finance strictly prohibits bitcoin used as a tool of transactions in Indonesia.
Referring to Law Number 7 Year 2011 concerning Currencies, it is asserted that the currency is money issued by the Unitary State of the Republic of Indonesia and any transactions intended for payment or other financial transactions shall be used by the rupiah.
"Bitcoin in this case not as a means of transactions, if this is clear, must be rupiah," said Ani.

Sort:  

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

Award for the number of posts published

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 0.18
TRX 0.13
JST 0.028
BTC 57034.02
ETH 3084.35
USDT 1.00
SBD 2.41