Legal Aspects in Issuing Central Bank Digital Currency in Indonesia as a Currency

Rimas Kautsar; Jamal Wiwoho; Arief Hidayat

doi:10.2991/978-2-38476-315-3_46

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Legal Aspects in Issuing Central Bank Digital Currency in Indonesia as a Currency

Authors

Rimas Kautsar¹^{, *}, Jamal Wiwoho², Arief Hidayat³

¹Faculty of Law, Universitas Sebelas Maret, Ir. Sutami Street, No. 36 Kentingan, Jebres, Surakarta, Jawa Tengah, Indonesia, 57126

²Faculty of Law, Universitas Sebelas Maret, Ir. Sutami Street, No. 36 Kentingan, Jebres, Surakarta, Jawa Tengah, Indonesia, 57126

³Faculty of Law, Universitas Sebelas Maret, Ir. Sutami Street, No. 36 Kentingan, Jebres, Surakarta, Jawa Tengah, Indonesia, 57126

^*Corresponding author. Email: rimas.kautsar@student.uns.ac.id

Corresponding Author

Rimas Kautsar

Available Online 24 December 2024.

DOI: 10.2991/978-2-38476-315-3_46 How to use a DOI?
Keywords: CBDC; Currency Law; Digital Rupiah; Central Bank
Abstract: The existence of the Digital Rupiah (D-Rupiah) as a Central Bank Digital Currency (CBDC) has been accommodated in Law Number 4 of 2023 concerning Development and Strengthening of the Financial Sector (UU P2SK) that amended the Indonesian Currency Law, however, is the regulatory formulation in this law adequate enough to make the D-Rupiah as currency? This is what will be discussed in this article, apart from that the method used by the author in writing is a normative or doctrinal (dogmatic) approach. In discussing the feasibility of the D-Rupiah as a currency, the author uses an approach based on 5 (five) important legal mechanisms on currency to measured legality of D-Rupiah as a currency according international standard.
Copyright: © 2024 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title: Proceedings of the International Conference on Cultural Policy and Sustainable Development (ICPSD 2024)
Series: Advances in Social Science, Education and Humanities Research
Publication Date: 24 December 2024
ISBN: 978-2-38476-315-3
ISSN: 2352-5398
DOI: 10.2991/978-2-38476-315-3_46 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

ris enw bib

TY  - CONF
AU  - Rimas Kautsar
AU  - Jamal Wiwoho
AU  - Arief Hidayat
PY  - 2024
DA  - 2024/12/24
TI  - Legal Aspects in Issuing Central Bank Digital Currency in Indonesia as a Currency
BT  - Proceedings of the International Conference on Cultural Policy and Sustainable Development (ICPSD 2024)
PB  - Atlantis Press
SP  - 338
EP  - 345
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-315-3_46
DO  - 10.2991/978-2-38476-315-3_46
ID  - Kautsar2024
ER  -

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