Indonesia’s main bank, Financial institution Indonesia, has released a new declaration defining its stance on bitcoin.
The feedback bear similarities to others launched in the last few months, but recommend the government will take a hands-off approach to electronic currency now. Today’s declaration differs somewhat from the reviews issued last 30 days, in which Financial institution Indonesia’s deputy Governor suggested electronic foreign currency might break the financial institution’s rules.
Since after that, representatives from the nearby bitcoin business community possess participated in informal discussions with regulators to clarify the boundaries of their operating atmosphere. The latest declaration reads (translated from Indonesian):
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