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Bali to crack down on foreign tourists using crypto as payment

The provincial government of Bali has announced that it will take strict action against foreign tourists who use cryptocurrency as a means of payment in hotels, restaurants, shopping centers and other places.

The governor of Bali stated that such behavior would be dealt with firmly and could result in deportation, administrative sanctions, criminal penalties or closure of business premises.

The use of currencies other than rupiah as a means of payment is prohibited by Indonesian law and can lead to imprisonment or fines.

While crypto is allowed as an asset in Indonesia, it is banned as a payment instrument.

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