Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

Financial institutions in Indonesia should brace themselves as cryptocurrency is gaining popularity in

the largest economy in Southeast Asia with no intention of slowing down.

In a 2014 press statement, BI said Bitcoin and other virtual currencies are not legal currencies and
payment tools in Indonesia, as stipulated by Law No. 7/2011 on currency.  

You might also like