
“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/
Related posts:
Online 'Swatter' Triggered SWAT Raids On 100 Schools, 10 Homes
FinFisher spyware used by governments is disguised as Firefox; Mozilla not happy
Oregon sheriff writes Biden to say he won’t enforce new gun laws
Upturn Millionaires: How to Play the Turning Tides in Precious Metals
Andrea Castillo Discusses Bitcoin on Capital Insider
Utah lawmaker calls for an end to compulsory education
California Dreamin’
Syria crisis: Moscow reminds US of Iraq mistakes
Dale Brown of Detroit-based Threat Management Center is On-Point
Doug Casey on Taxes & Citizenship & Axel Merk on ECB, Japan, and US
Ten Thousand Commandments 2015
Paulson’s out… But JP Morgan and Goldman Sachs Are in: Go Long Gold!
Tesla-Inspired Metamaterial Converts 900 MHz Microwaves to Power
Business lobby moves to criminalize filming animal abuse on factory farms
Sore Loser