Indonesian Central Bank is going to ban a bitcoin

Indonesian CB reported about planning regulation to ban on cryptocurrencies
04 December 2017   830

Bank Indonesia (BI), the country’s central bank, is developing the reglament to enact a sweeping ban to all cryptocurrencies, their trading and using in transactions as payments. The central bank official reported that the crippling regulation was required to maintain the sovereignty of the Indonesia’s fiat currency rupiah.

We [will] also prevent arbitrage opportunities, unhealthy business practices and business controls by parties outside the legal reach of Indonesia’s laws that could damage the structure of industries here.


Agus Martowardojo

the governor of the central bank

Also the official said that digital currencies can use for financing of a terrorism and laundering of money. Now the position of the Central bank is negative toward cryptocurrencies after threatening bitcoin adopters in the country. The new rules are planning in 2018 and will relate to also include FinTech-companies and startups.

BTC Extortionists to Send Explosion Threats In US & CA

Police reported that explosive devices in the places specified by extortionists were not found
14 December 2018   79

In Canada and the United States, local businesses and residents received letters threatening to detonate a bomb if they did not send bitcoins to extortionists. Because of this, in some regions, law enforcement officers evacuated people from bus stations, schools and airports, reports Global News.

Extortionists threatened to blow up universities, schools, city halls and local businesses in the US states of Utah, Aidaxo, New York, Oklahoma and Illinois. The New York City Police Department urged residents not to panic or send bitcoins to criminals. Police also reported that explosive devices in the places specified by extortionists were not found.

In Canada, extortionists promised to blow up buildings and car dealerships in Toronto, Edmonton, Ottawa, Calgary and Montreal. Some residents of the attackers asked for a ransom in bitcoins in the amount of $ 20 thousand. After verification, the Calgary police stated that the messages were part of phishing attacks and did not pose a threat to the public.