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⚠️Bali Authorities Take Action on Crypto Payments by Foreign Tourists ₿

“Foreign tourists who behave inappropriately, do activities that are not allowed in their visa permit, use crypto as a means of payment and violate other provisions will be dealt with firmly,"

Bali Governor Wayan Koster said at a tourism development press conference on Sunday (May 28).

“People who carry out foreign exchange business activities without permission from Bank Indonesia can be punished with imprisonment for 1-year minimum and 5-year maximum, and a minimum fine of 50 million rupiah and a maximum (fine) of 22 billion rupiah,” Mr Koster said.

Source

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posted to
Digital Nomads
on June 3, 2023
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