In Bali, they plan to tighten monitoring of the implementation of the law on cryptocurrencies among tourists. For the use of cryptocurrency when paying, the fine can reach $13,000,
informs resource RB.RU with reference to the governor of Bali Wayan Coster.
Photo: pixabay.com
Cryptocurrency is officially allowed for trading in Indonesia, but you can’t pay for goods with it. However, the tourists did it every day without any consequences.
Now Bali will monitor the use of cryptocurrency by tourists. The maximum punishment can be in the form of imprisonment for a period of 1 year or a fine of up to $13,000. Tourists can also be deported.
Formerly local newspaper Kompas
published material where she talked about companies that violate the law by accepting cryptocurrency. According to the publication, this is how tourists paid not only for small purchases like coffee, but also for hotel stays.
