Bank Indonesia Governor Perry Warjiyo stated that the central bank had banned cryptocurrency from being accommodated as a means of payment.
According to Perry, it is based on existing laws.
On the other hand, the latest development from Indonesia sounds like a similar action adopted by Turkey. According to a report, the Central bank of the Republic of Turkey (CBRT) also banned crypto payments. Also, declaring that they could not use them to pay for goods and services.
With the volatile nature of crypto assets,
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Source: Cryptocurrency - investing.com
