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The uncertainties of cryptocurrencies

Jakarta | Mon, February 12, 2018 | 12:35 pm
The uncertainties of cryptocurrencies BI has estimated the existence of more than 550,000 domestic users, transacting in more than 1,300 varieties of cryptocurrency. (Shutterstock/File)

PREMIUM Bank Indonesia (BI) has again reaffirmed its resistance toward the use of bitcoin and other cryptocurrencies in Indonesia. In a recent press statement released in January, BI has given a clear warning to the public not to use, buy or trade any forms of cryptocurrency, and has also displayed the risks of virtual currency transactions. This skepticism from our central bank is very disadvantageous...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.

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