Just yesterday Bappebti announced the news that gave fresh air to the investors cryptocurrency. The study that has been done by Bappebti together with University of Indonesia (UI) has started mengucheut, they can manage the trading of crypto bitcoin (cryptocurrency) as commodity product and not violate the Law on Futures Trading. Although still needs to be revised again, but Bappebti remain optimistic will soon release the rule in the near future about Bitcoin trade as a commodity. Bitcoin can be traded like a gold trade, but still can not be used as a means of payment.
Crypto currency is considered necessary to be set to provide protection to consumers. When a consumer fraud happens to report it to a regulatory agency. In terms of taxes, this arrangement will also make it more transparent. Most importantly, the supervision of bitcoin can prevent money laundering in the country. Especially considering the value of bitcoin transactions in Indonesia that has reached Rp 1 trillion in a day.
Currently Bappebti still formulates in more detail some of the rules related to trading arrangements, bitcoin providers including its place of storage.
