Bitcoin is Prohibited in Indonesia Starting 2018

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This is because BI ( BANK OF INDONESIA ) is sniffing the potential for bitcoin fraud to be used for unlawful acts such as terrorism, money laundering, prostitution and drug trafficking.

Indeed, there are some investors who use bitcoin as an investment tool. Some countries react differently to the presence of bitcoin.

China and Russia are some countries that reject the presence of bitcoin. Meanwhile, Japan accepts bitcoin transactions.

as every nation have their own regulation, but this technology movement will keep going on. as i hope there would be a peace talk between both side to find the solution as there is lot of mining and trader of bitcoin in indonesia .

Bitcoin is Prohibited in Indonesia Starting 2018 | Ecency