“The central bank of Indonesia is the latest Asian governmental body to warn against widespread bitcoin (BTC) adoption. In a report by Kontan (via Google translate), Bank Indonesia deputy governor Ronald Waas confirmed that using digital currency like bitcoin is in violation of numerous laws. Waas listed three particular laws that he urges bitcoiners to consider before they utilize it in Jakarta: Bank Indonesia Law, Information and Electronic Transactions (ITE) and various currency legislation. According to Waas, ‘The use of bitcoin as payment violates the law.’ Essentially, the rupiah is the only legal tender.”
http://www.pfhub.com/bitcoin-violates-numerous-laws-according-to-indonesia-central-bank-303/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
61.2% Voted For Nobody
Microsoft hoping to replace passwords with public key cryptography
Feds Threaten To Arrest Lavabit Founder For Shutting Down His Service
Obama Supporters Actually Hate Obama's Policies
Our Moral Crisis
Feds Seize Silk Road 2 in Major Dark Web Drug Bust
Inside TimeSpace, the New York Times’ new startup accelerator
Innocent Americans' 'Big Brother': Secret Air Marshals Program
US Gold Dealer Launches “Gold-Backed” Virtual Currency
Obomber: US may be forced to “wipe out” Syrian air defenses
Why is eBay eager to pay a tax that Apple works to avoid?
Sean’s Outpost Under Attack on Birthday
Bankster-Treasury Revolving Door
A Radical Constitutional Amendment to Protect Whistleblowers
Spain Moves Military Assets Into Catalonia Before 'Illegal' Secession Vote