Review of Virtual Currency Potential as a Payment Instrument in Legal Aspect in Indonesia

Santoso, Rudi ORCID:, Erstiawan, Martinus Sony ORCID: and Mujayana, Marya (2018) Review of Virtual Currency Potential as a Payment Instrument in Legal Aspect in Indonesia. International Journal of Business and Management Invention (IJBMI), 7 (12). pp. 57-64. ISSN 2319-8028

C.3. Cover + Abstrak IJBMI.pdf - Published Version

Download--- (679kB) | Preview
Reviewer_IJBMI.pdf - Published Version

Download--- (1MB) | Preview
[img] Text

Download--- (458kB)
Text (Hasil Cek Plagiarism)
HASILC_1.PDF - Published Version

Download--- (3MB) | Preview

Search this title on : |


Money serves as a means of trading activity transactions wherever located. The exchange between items can be done using money. In addition, we can use e-banking applications to facilitate transactions reaching trillions. The current trend of payment methods being warmly discussed by people is the bitcoin model. Bitcoin and Ripple is one type of digital currency transaction used in virtual currency / Crypto currency (VC). The use of Virtual Currency still has a high enough risk, because there is no clear rule in doing bitcoin transaction. Bitcoin has so far not been clearly regulated by Bank Indonesia, so Bank Indonesia advises against receiving bitcoin as the official payment instrument in Indonesia. The purpose of this study was to find out and examine how to assess bitcoin as a payment instrument in making transactions. In addition, this study also aims to find out the opportunities to develop using virtual currency in the payment system. Finally, this study aims to examine and analyze the legality that governs the payment system using Virtual Currency. This research uses descriptive qualitative method with literature study approach. The results of this study can be used as a recommendation or basis of policy makers of Bank Indonesia in making rules that do not harm all parties

Export Record

Item Type: Article
Uncontrolled Keywords: Virtual Currency , Management Strategic, knowledge management
Dewey Decimal Classification: 300 – Social sciences > 330 Economics > 332 Financial economics
Divisions: Perpustakaan > Journals
Depositing User: Rudi Santoso
Date Deposited: 24 Apr 2019 17:32
Last Modified: 15 Jun 2023 13:58

Download Statistics

Downloads over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Actions (login required)

View Item   View Item