Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in Indonesia is not legal
by
SaveOurSea
on 21/11/2018, 11:02:34 UTC
Bitcoin in Indonesia is not legal yet, all buying and selling activities must use rupiah. In the past many sellers offered payment with bitcoin, now they can't. the government has given regulations so that all trading activities must use the rupiah. will this be a negative or a positive impact?


Is it true? If it is then I must say that many people of Indonesia must be very sad because I  know many of them are very interested in crypto currencies and like keeping them up to date with technical advancement.
according to the news that I know, it is indeed illegal, but also not illegal, because I feel that they only warn crypto users that the risks they will receive, the state is not responsible for that.
yep indeed like that, and what is forbidden is to trade using other bitcoin and coin cryptocurrency, because the regulations in Indonesia are very strict not only cryptocurrency which is prohibited from being used for transactions like other currencies dollars is also not allowed in Indonesia, because regulation in Indonesia only use the country's currency to transact buying and selling in the country of Indonesia.