A businessman, whose identity was not revealed, was arrested for accepting cryptocurrencies as a form of payment at his car rental establishment, following a police operation.
“The suspect made an announcement of his car rental business through social networks and accepting payments in cryptocurrencies”, which gave rise to investigations by the authorities of Bali, an island in southern Indonesia.
The man offered the services through Telegram groups where promoted motorcycle or car rentals with payments using cryptocurrencies. Several members of the police force posed as potential customers who were supposedly interested in renting cars, according to a local media.
After contacting the businessman, they requested the address of the wallet and it was agreed that the price of renting a car for three days it would be USD 350 in Tether (USDT).
After this, the Bali police proceeded to arrest the man and confiscated a cell phone in which he was the wallet used by the subject.
The persecution of the use of bitcoin and cryptocurrencies, in that Asian nation, is based on the law no. 7 of 2011. Said regulation prohibits the use of cryptocurrencies as a form of paymentsince only payments with rupees, the name of the local currency, can be accepted.
This police action is part of a campaign to stop cryptocurrency payments in Bali. A few days ago, the governor of that province, Wayan Koster, warned foreign tourists from the use of cryptocurrencies as a means of payment, since They consider it an illegal practice..
Unlike Indonesia, the opening to crypto assets is expanding more and more in the world. For example, last month, CriptoNoticias reported that the Council of the European Union (EU) adopted without objection the Crypto Asset Market Regulation (MiCA Law), a regulation that will govern the operations of cryptocurrency issuers and crypto asset service providers. in the eurozone.