Post
Topic
Board Legal
Re: Is Bitcoin illegal in Indonesia
by
jseverson
on 18/06/2018, 12:52:53 UTC
You can buy and sell Bitcoin with fiat, but you can't use them to pay for anything. For as long as you don't use them to purchase goods/services, you should be fine.

Source:

The regulation, however, only prohibits the use of cryptocurrencies as a payment tool, and does not regulate activities such as bitcoin mining and trading.

As a sidenote, you can't use any foreign currency to buy anything within the country in normal circumstances either, so this isn't specific to Bitcoins or crypto. The Rupiah is their only legal tender.