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Topic: [2016-05-18] Bitcoin still unregulated in Indonesia (Read 257 times)

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Despite the growing acceptance of peer-to-peer payment technology bitcoin in Japan, the EU and the US, the use of bitcoin in Indonesia has yet to be regulated by Bank Indonesia ( BI ) and it is not recognized as a currency.

CEO Bitcoin Indonesia Oscar Darmawan said he could understand the central bank’s reluctance to regulate the electronic money.

“BI has provided room for bitcoin as a new technology to thrive before it decides to regulate it later,” he said on the sidelines of the ANZ Learning Fair 2016 in Jakarta on Tuesday.

http://www.thejakartapost.com/news/2016/05/18/bitcoin-still-unregulated-in-indonesia.html
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