Indonesia Trains Lawyers In Crypto Crime As Bitcoin Ban Continues
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Indonesia Trains Lawyers In Crypto Crime As Bitcoin Ban Continues

THELOGICALINDIAN - One of the few countries in the apple to ban Bitcoin and cryptocurrency absolute has conducted bunch training on crypto abomination prevention

Eight Countries Meet For Legal Training

According to bounded account aperture SketsIndo, the Attorney General of Indonesia aggregate attorneys from eight countries for a committed four-day cryptocurrency course.

The move was in acknowledgment to an declared access in adulterous action common application Bitcoin and added tokens for funding. 

As Bitcoinist reported, Indonesia took the abnormal footfall of banning all forms of cryptocurrency use in aboriginal 2018. A year later, it recognized Bitcoin as a commodity, but connected to prohibit use.

Deputy Attorney General Dr. Arminsyah commented.

He continued,

The accident saw appearance from Singapore, Malaysia, Turkey, Thailand, Australia, Russia and Hong Kong.

Among those, Singapore is notable in adopting a arctic adverse attitude on crypto to Indonesia. For years, its government has proactively encouraged development of acknowledged frameworks for the phenomenon, as able-bodied as Blockchain technology. 

The Myth Of Bitcoin Crime

Jakarta meanwhile has alone angled bottomward on its zero-tolerance policy. Earlier this year, regulators accepted they would not lift the ban. 

Going forward, Arminsyah said he hoped the acknowledged training would advance to added concerted efforts to action crypto-based crime.

He summarized:

The angle the Bitcoin in accurate plays a cogent role in bent action has apparent common challenges. 

As Bitcoinist noted, a address in July appropriate Bitcoin darknet spending abandoned was 800 times lower than authorization spending. 

Other controversies still abound. Last month, North Korea denied application heists to aggregate crypto funds account an declared $2 billion.

What do you anticipate about Indonesia’s attitude on Bitcoin? Let us apperceive in the comments below!

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