Post
Topic
Board Legal
Merits 2 from 1 user
Re: Is Bitcoin illegal in Indonesia
by
Manlikefrank1
on 08/04/2024, 11:01:58 UTC
⭐ Merited by endut15 (2)
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.

Omo as of my last update in 2022, Bitcoin and other cryptocurrencies are not illegal in Indonesia. However, the Indonesian government has imposed certain restrictions and regulations on their usage and trading. It's always a good idea to check for any recent updates or changes in regulations regarding cryptocurrencies in Indonesia.but it can bought in fait rate in their currency and be sold but not use a major exchange in the market.