The Use of Cryptocurrency as a Payment Instrument

DOI

10.2991/aebmr.k.200321.048How to use a DOI?

Keywords

legal consequence, payment tools, payment systems, conventional currency, cryptocurrency

Abstract

This article aims to know the impact of using cryptocurrency that replace conventional money as a means of payment in Indonesia. This article belongs to the type of normative legal research that is prescriptive to produce a new concept in resolving the problems faced by supported by a legal approach and a case approach. The data used is secondary data with primary binding and fundamental material. Data collection techniques using library studies. The data analysis technique used by the authors is a silogism analysis. Results show that as a consequence of legal usage cryptocurrency to replace uses of conventional currency as the means of payment in indonesiacan not or is proven to violate certain rules which can make cryptocurrency a tool of crime on the basis of its use as a means of payment, giving rise to negative ideas of its usefulness and can be detrimental to the state.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Karmila Sari Sukarno
AU  - Pujiyono
PY  - 2020
DA  - 2020/03/27
TI  - The Use of Cryptocurrency as a Payment Instrument
BT  - Proceedings of the 3rd International Conference on Law and Governance (ICLAVE 2019)
PB  - Atlantis Press
SP  - 366
EP  - 370
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200321.048
DO  - 10.2991/aebmr.k.200321.048
ID  - Sukarno2020
ER  -