Earning money online

Bank Indonesia Bans Use of Crypto for Payments — What It Means Bank Indonesia Bans Use of Crypto for Payments — What It Means Indonesia’s central bank has reaffirmed that cryptocurrencies cannot be used as a payment instrument. Below is a practical breakdown for consumers and merchants. Bank Indonesia: crypto cannot be used as a payment instrument within Indonesia. Key takeaways Payments ban: Crypto is not a legal means of payment in Indonesia; merchants should not accept it at checkout. Trading vs. paying: Using crypto to pay is restricted; trading rules are separate and may be overseen by other regulators. Compliance first: Merchants and PSPs must align with local payment laws, accepted currencies, and licensing requirements. Contents W...