News from Indonesia Government.
Bank Indonesia will prohibit payment transactions using bitcoin by 2018. This bitcoin prohibition will be regulated in a Bank Indonesia or PBI regulation that is planned to be issued in the near future. Head of BI Transformation Program Center Onny Widjanarko said, in the PBI, electronic money that will be out in the near future will be arranged, one of them about bitcoin. "There is currently no clear rule if people do bitcoin transactions." Bitcoin has not been specifically regulated by BI. To that end, BI is still conducting an in-depth review of bitcoin, whether it will be regulated in an electronic money bill or separately, for example, later entered into a cryptocurrency PBI.