VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

The Financial Services Authority -OJK confirmed that virtual currency, including Bitcoin, is not a valid payment instrument in Indonesia. The provision has been valid since the beginning of the year.  OJK Chairman of the Board of Commissioner, Wimboh Santoso said in Jakarta on Thursday, January 25^th) that the legitimate means of payment in Indonesia is the currency -rupiah. He stated that crypto-currency is already banned. His statement responded to the launch of investment products in the form of crypto-currency by Aladin Capital. The currency is reported to have a guarantee in HSBC and has grown rapidly in several countries, especially in Vietnam. The prohibition of virtual currency, including Bitcoin by the authorities must be obeyed by the financial services sector. Wimboh asserted that OJK is the authority that supervises and gives permission for investment products, so that any financial services institution that launches investment products must report to the institution. (Tempo)