“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:
Two Scenarios Right Now for Gold and Silver
Wendy McElroy: I Pledge Allegiance to PHRMA
Is The NSA Changing Bank Accounts?
Despite focus on right turn photo enforcement, turns on red rarely dangerous
Post Office Funding Is Not About Preserving Mail
Man killed by half-ton of marijuana
A Libertarian Builds Low-Cost Private Schools for the Masses
The War on Air Conditioning Heats Up
US Senate Moves to Criminalize Undeclared Cryptocurrency Ownership
TSA Detains 3 Year Old In Wheelchair Who Suffers from Spina Bifida
The Future is Here: Hire a Drone With Bitcoin
Facebook is reportedly prepping an e-money service in Ireland
Cops Can Track Cellphones Without Warrants, Federal Appeals Court Rules
The Debt Transfer Game; Slovakia Needs EUR 264M for ESM
The Creepy Genetics Behind the Golden State Killer Case