Alert, Bitcoin Has No Legality in Indonesia

INDUSTRY.co.id - Jakarta - Task Force Investments also urged the public to be wary of Bitcoin offering or virtual currency that is currently rampant. Virtual currency is not a financial investment instrument that has regulation.

"Trading virtual currency is more speculative because it has a very high risk. Some entities offering virtual currency are not acting as marketplaces but delivering a promise of high yields when buying virtual currency," said Task Force Investigator Tongam L. Tobing / Director of Policy and Investigation Support in Jakarta, Thursday (14/12/2017).

According to him, Bank Indonesia has also stated that virtual currency cannot be used as a medium of exchange. The Investment Alert Task Force also stated that the Investment Coordinating Board (BKPM) stated that there are three entities that have obtained business license in the form of temporary SIUPL: PT Trima Sarana Pratama (C-PRO), PT Unionfam Azaria Berjaya / Azaria Amazing Store, and PT Talk Fusion Indonesia.

Based on business license, PT Trima Sarana Pratama (C-PRO) conducts sales activities of herbal products with direct selling system for products: Diagre, Sinov Hospital, Pla Nature, Chol Herb, Pro-L, Trimajus and Puspita Radja. In accordance with the license owned business.

PT Trima Sarana Pratama (C-PRO) can not engage in a home ownership program. PT Unionfam Azaria Berjaya / Azaria Amazing Store sells goods with direct selling system for the products: Azaria Ginseng Body Moisturizer, Azaria Ginseng Natural Bar Soap, Azaria Ginseng Liquid Moisturizer, Mevrouw Whitening Serum, Mevrouw Whitening Body Wash, Mevrouw Whitening Hand Ana Body Lotion, Mevrouw Beauty Water, and Mevrouw Beauty Peeling Spray.

PT Talk Fusion Indonesia sells goods with a direct selling system for products: Talk Fusion Video Mail, Talk Fusion Video Newsletter, Talk Fusion Sign Up Form, Talk Fusion Live Meeting and Talk Fusion Video Chat.

He said that further handling of community reports on several Talk Fusion associates was handed over to the Police Criminal Investigation Unit.

The Investigation Task Force asks people to be careful about using the funds. Do not be tempted by the lure of high profits without seeing the risks that will be accepted.

Task Force Investments continuously carry out preventive actions in the form of socialization and education to the public so that the public avoid the loss of illegal investment.

Public participation is indispensable, especially the role of not participating in the activities of the entity and immediately reporting any unreasonable investment offerings. The handling conducted by the Investigation Task Force is inseparable from the support of the community who has submitted reports or complaints.

Next Task Force Investments appealed to the public that before investing to understand the parties who offer the investment has the permission from the authorized authority in accordance with the business activities undertaken.

Ensure that those who offer investment products, are licensed in offering investment products or are listed as marketers partners.

Ensure that any inclusion of the logo of the agency or government agency in its bidding media has been done in accordance with the provisions of the law.

"Information on the list of companies not licensed by the competent authority can be accessed through the Investor Alert Portal at www.sikapiuangmu.ojk.go.id.

If you find a suspicious investment offer, people can consult," he said.