Bitcoin Violates Numerous Laws According to Indonesia Central Bank

“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/

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