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Bitcoin Explodes, Are Altcoins Next?Cryptocurrency trading is legal in Indonesia, but the use of crypto for payments carries hefty penalties, including jail time. From farm to cup: How. Cryptocurrencies trend in Indonesia?? In , cryptocurrency transactions in Indonesia reached almost trillion Indonesian rupiah, compared. Indonesia bans cryptocurrencies as a payment instrument but allows them to be traded as a commodity. [1] Indonesia's Commodity Futures Trading Regulatory.
