Bali to crack down on foreign tourists using cryptocurrency for payments.
According to a report from local media on May 29th, Bali will crack down on foreign tourists who use cryptocurrency as a payment method in hotels, restaurants, tourist destinations, shopping centers, and other places. Bali Governor Wayan Koster said on Sunday that "foreign tourists who engage in inappropriate behavior, engage in activities not allowed in visa permits, use cryptocurrency as a payment method, and violate other regulations will be dealt with resolutely." "Severe measures include deportation, administrative sanctions, criminal punishment, closure of business premises, and other severe sanctions."
Koster said that Indonesia's ban on using currencies other than the Indonesian rupiah as a payment method refers to the Currency Law No. 7 of 2011. According to the law, if other forms of currency besides the Indonesian rupiah are used, a maximum of one year's imprisonment and a maximum fine of 200 million Indonesian rupiahs (approximately $13,300 USD) can be imposed.