Post
Topic
Board Bitcoin Discussion
Re: Why government announce bitcoin is illegal?
by
Rustandy
on 10/09/2018, 13:17:45 UTC
The reason for prohibiting is in the framework of implementing the precautionary principle, maintaining business competition, risk control, and consumer protection. The hedging is to prevent crimes, such as money laundering, terrorism financing, and safeguarding the sovereignty of state money as a legal payment instrument in a country.