02 Dec '17, 7am

Indonesian Media Urge Bitcoiners to Cash In Ahead of Crypto Ban

Indonesian Media Urge Bitcoiners to Cash In Ahead of Crypto Ban

Regulation 2 hours ago | By C. Edward Kelso - | 5424 | 24 Indonesian Media Urge Bitcoiners to Cash In Ahead of Crypto Ban “Bank Indonesia will enact a regulation that confirms the ban on using virtual currency,” announced Pikiran Rakyat . The Republic of Indonesia’s central bank appears to be pushing forward on their often-threatened cryptocurrency ban, which is reported to include “parties that facilitate digital currency transactions.” In turn, at least one media outlet is encouraging holders to “cash in” as a way of avoiding the crackdown. Also read : Indonesian Bitcoin Payment Processors Shut Down, Exchanges Unaffected Indonesia Central Bank Hunts Bitcoin “We view digital technology as bringing huge changes and high uncertainty to the future economic model, and we, as policy makers, need to anticipate the developments brought about by this fundamental change,” explaine...

Full article: https://news.bitcoin.com/indonesia-media-urge-bitcoiners-...

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