Indonesia will most likely ban all cryptocurrencies in 2018

Home » ALTCOINS » Indonesia will most likely ban all cryptocurrencies in 2018
Indonesia will most likely ban all cryptocurrencies in 2018

Nowadays Bali authorities and decision-makers are taking Bitcoin under close consideration. Bali is an island and province of Indonesia with a population of 4,225,000 inhabitants and a huge number of international tourists from various countries in the world.

The representatives of the Central Bank of Indonesia are considering the possibility of banning all types of cryptocurrency in the country in the near future.

Causa Iman Karana, the head of the Bali branch of the National Bank of Indonesia commented:

“We found out from some postings on social media that Bali appeared to have become a haven for Bitcoin transactions. The next step is we will ban them as mandated by the law. We ask them not to use it anymore. Along with the Directorate of Special Crime Investigation unit, we will enforce the rule that all transactions in Indonesia must use rupiah.”

  • bitcoinBitcoin$5,066.00
  • ethereumEthereum$165.59
  • rippleXRP$0.330283
  • tetherTether$1.00
  • eosEOS$5.27
  • stellarStellar$0.117687
  • litecoinLitecoin$79.05
  • cardanoCardano$0.083589
  • tronTRON$0.026694
  • moneroMonero$66.48
  • iotaIOTA$0.322043
  • nemNEM$0.065332
  • dashDash$123.73
  • neoNEO$11.39
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 48
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 45
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 42
© 2017–2018