Post
Topic
Board Legal
Re: Is Bitcoin illegal in Indonesia
by
ruthbabe
on 20/06/2018, 03:32:00 UTC
Hey  Smiley
Iam currently studying on Bali (Indonesia). I thinking about buying some new bitcoins or altcoins.
But i cant find clear statements about the legal situation in this country.
So is it possible to buy bitcoin here ? Or is it illegal and it is dangerous to buy it here ?

Thank you for your answers! I will reply in about a hour.


What I know is that cryptocurrencies including bitcoin are legal in Indonesia. Yes, the legality is only up to trade and hold, and it's illegal when used as a payment tool. More here, https://asia.nikkei.com/Politics-Economy/Economy/Bank-Indonesia-declares-bitcoin-payment-illegal