Post
Topic
Board Economics
Merits 1 from 1 user
Re: What will happen if the government know bitcoin in your country?
by
T-Bag
on 20/04/2018, 09:05:07 UTC
⭐ Merited by Cagus (1)
Using bitcoin as a point of sale transaction token in Bali (Indonesia) is illegal, as per regulatory action taken by policymakers in the region back in December 2017. Shortly after the regulatory action was put in place, however, police on the island went undercover to investigate reports of businesses still accepting bitcoin as a payment method.

The results of this undercover operation led to only two businesses being uncovered as still accepting bitcoin, with a further 44 (with operations ranging from car rental to jewelry and more) having just recently stopped.