JAKARTA, KOMPAS.com the Bank Indonesia (The central bank) had reiterated the ban on the use of virtual currency, either in the form of sale, purchase, and trade currency.
This affirmation is to respond to the Commodity Futures Trading Supervisory Agency (Bappebti) that was previously called the virtual currency bitcoin are traded in Indonesia.
"Pemilikan the virtual currency is very risky and full of speculation because there is no authority in charge," said Executive Director, Department of Communication's Agusman through a written statement on the bi.go.id, Saturday (13/1/2018).
In addition there is no authority to oversee its activities, virtual currency also don't have an administrator, there is no underlying assets underlying the virtual currency, as well as trade is very volatile and prone to a number of risks.
The risk is inflation as well as prone to be used for money laundering and terrorism funding offences, he said.
"Furthermore, it can affect the stability of the financial system and the detriment of society," said Agusman.
Until now, the official circulation and was used in Indonesia is of dollars. It is based on Law No. 7 Year 2011 on Currency.
Through this, Agusman to deliver as the payment system prohibits the subsidiary payment system, whether it's the principal, the switching, clearance, organizers of a final settlement, the publisher, acquirer, payment gateway, an electronic wallet, as well as transfer of funds to process the payment of a virtual currency.
Read also : Bappebti Open Opportunities of Commerce. in Indonesia.
The same is true for the organizers of the technology financially or fintech in Indonesia, both banks and institutions in addition to the bank. It's already been prearranged through Bank Indonesia 18/40/PBI/2016 of Implementation of the Processing Center for the payment and in Regulations 19/12/PBI/2017 on Implementation of Technology, the financial.