Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal Jurnal Ilmu Hukum The Juris Collegium Studiosum Journal
Andre Febrianto
Universitas Bung Karno, Jakarta, Indonesia
Humanities Law, Crime, Criminology & Criminal Justice

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
KONSEP CRYPTOCURRENCY SEBAGAI ALAT PEMBAYARAN UNTUK MEWUJUDKAN KEPASTIAN HUKUM Andre Febrianto; Ismail; Dewi Iryani
Collegium Studiosum Journal Vol. 8 No. 2 (2025): Collegium Studiosum Journal
Publisher : LPPM STIH Awang Long

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56301/csj.v8i2.2026

Abstract

The rapid development of cryptocurrency as a global digital financial instrument has posed legal challenges, particularly regarding its status as a medium of exchange. In Indonesia, the legal position of cryptocurrency is characterized by dualism and ambiguity. On one hand, the Commodity Futures Trading Regulatory Agency (BAPPEBTI) regulates and recognizes cryptocurrency as a commodity tradable on futures exchanges. On the other hand, Bank Indonesia (BI) strictly prohibits its use as legal tender, based on Law Number 7 of 2011 concerning Currency, which mandates the Rupiah as the sole legal tender. This research aims to analyze the legal consequences of using cryptocurrency as a payment instrument in Indonesia and to formulate a regulatory concept that can ensure legal certainty. This study employs a normative legal research method with a qualitative approach. The data utilized consists of primary, secondary, and tertiary legal materials. The results indicate that the use of cryptocurrency as a payment instrument results in the civil nullification of agreements (based on Article 1337 of the Indonesian Civil Code), administrative sanctions from BI and BAPPEBTI, and potential criminal liability related to Money Laundering Crimes (TPPU). To achieve legal certainty, an integrated regulatory framework is required, encompassing: (1) clear classification of cryptocurrencies (payment, utility, and security tokens); (2) the establishment of specific legislation regarding digital assets; (3) inter-agency coordination among regulators (BI, OJK, BAPPEBTI, and Kominfo); (4) effective consumer protection and dispute resolution mechanisms; and (5) the integration of Anti-Money Laundering (AML) and Know Your Customer (KYC) principles. Policy recommendations include strengthening public awareness, adopting a regulatory sandbox, and accelerating the Digital Rupiah Central Bank Digital Currency (CBDC) project.
KEPASTIAN HUKUM CRYPTOCURRENCY SEBAGAI ALAT PEMBAYARAN DI INDONESIA Andre Febrianto; Ismail; Dewi Iryani
The Juris Vol. 9 No. 2 (2025): JURNAL ILMU HUKUM : THE JURIS
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat STIH Awang Long

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56301/juris.v9i2.1897

Abstract

The rapid development of cryptocurrency as a global digital financial instrument has created legal challenges, particularly concerning its status as a medium of exchange. In Indonesia, the legal standing of cryptocurrency faces duality and ambiguity. On one hand, the Commodity Futures Trading Regulatory Agency (BAPPEBTI) regulates and recognizes cryptocurrency as a tradable commodity on the futures exchange. On the other hand, Bank Indonesia (BI) strictly prohibits its use as a legal tender, based on Law Number 7 of 2011 concerning Currency, which affirms the Rupiah as the sole legal medium of payment. This study aims to analyze the legal consequences of using cryptocurrency as a means of payment in Indonesia and to formulate a regulatory concept that can realize legal certainty. This research employs a normative legal research method with a qualitative approach. The data utilized includes primary, secondary, and tertiary legal materials. The results of the study indicate that the use of cryptocurrency as a means of payment can result in the cancellation of a private agreement (based on Article 1337 of the Indonesian Civil Code), administrative sanctions from BI and BAPPEBTI, and potential criminal exposure related to Money Laundering Offenses (TPPU). To achieve legal certainty, an integrated regulatory framework is required, encompassing: (1) clear classification of cryptocurrencies (payment, utility, security tokens); (2) the establishment of a special law regarding digital assets; (3) coordination among regulatory institutions (BI, OJK, BAPPEBTI, Kominfo); (4) effective consumer protection and dispute resolution mechanisms; and (5) the integration of Anti-Money Laundering (AML) and Know Your Customer (KYC) principles. Policy recommendations include strengthening socialization efforts, adopting a regulatory sandbox, and accelerating the Central Bank Digital Currency (CBDC) project, the Digital Rupiah.
Co-Authors Dewi Iryani Dewi Iryani Ismail Ismail Ismail