Indonesia's central bank bans the use of cryptocurrencies as a payment and financial service tool.

In a webinar hosted by the National Audit Committee (BPK) on Tuesday, Perry Warjiro, Governor of Indonesian Banks, said Indonesian banks have banned Indonesian financial institutions from using cryptocurrencies as payment devices or financial services , according to Antara News. , according to Antara News. It is not a legal means of payment under the law, Indonesian banking law, and monetary law. Indonesian banks will send supervisors to ensure financial institutions comply with the law.