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Cryptocurrencies can be prohibited in Indonesia

Central bank of Indonesia plans to prohibit Bitcoin, Ethereum and all other altcoins. As head of CBI Agus Martoverdojo says they are not going to allow blockchain technology and cryptos to destroy current business and financial structure. He also said that cryptocurrencies can possibly be used to support terrorism or for corruption. New law is going to be implemented in 2018, it will also include regulation of ICO start ups.