Indonesia's central bank marshals staff to enforce crypto payments ban

Cointelegraph

Published Jun 16, 2021 11:11PM ET

Updated Jun 17, 2021 01:20AM ET

Indonesia’s central bank governor, Perry Warjiyo, is mobilizing official supervisors to enforce the country’s ban on financial institutions using crypto assets as a means of payment.

During a virtual seminar on Tuesday, June 15, Warjiyo reiterated that local financial firms and payment provided are prohibited from facilitating the use of cryptocurrency to settle payments or as an instrument used in other financial services.

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