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All Journal DE JURE Yustisia FIAT JUSTISIA: Jurnal Ilmu Hukum Rechtsidee PADJADJARAN Jurnal Ilmu Hukum (Journal of Law) Jurnal Wawasan Yuridika Ganaya: Jurnal Ilmu Sosial dan Humaniora Res Judicata International Journal of Supply Chain Management Jurnal Politik dan Pemerintahan Daerah Academia Open Indonesian Journal of Cultural and Community Development Indonesian Journal of Law and Economics Review Borneo Educational Journal (Borju) IJ3PE Indonesian Journal of Innovation Studies Indonesian Journal of Public Policy Review Proceedings of The ICECRS Web of Scientist: International Scientific Research Journal ResearchJet Journal of Analysis and Inventions Lex Scientia Law Review Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations
Moch Tanzil Multazam
Universitas Muhammadiyah Sidoarjo
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Chemistry Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Engineering Environmental Science Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Medicine & Pharmacology Physics Social Sciences Transportation Other

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Journal : Yustisia

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Is It Legal to Provide Liquidity on the Vexanium Decentralized Exchange in Indonesia? Mochammad Tanzil Multazam; Regita Amanah Huzairin; Sandika Putra Pratama; Irwansyah Irwansyah
Yustisia Vol 12, No 1: April 2023
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v12i1.69007

Abstract

One of the platforms in the blockchain is a decentralized exchange. The existence of these platforms helps exchange crypto assets instantly in the blockchain ecosystem without having to exchange them at a central exchange. The liquidity guarantors of decentralized exchanges are liquidity providers. This study aims to assess liquidity providers' legal safety on Vexanium, Indonesia's first public blockchain. The normative method employed in this analysis of the laws and regulations related to blockchain in Indonesia involves a preliminary examination of the liquidity provision process. This study found that the decentralized exchange platform on the Vexanium blockchain still needs to meet the criteria as an electronic system following the laws and regulations. In addition, the absence of clear information about the parties in the platform makes the liquidity provision contract voidable. This research can be utilized for platform developers in the Vexanium blockchain to pay more attention to legal aspects in creating their platforms..
Co-Authors Aan Eko Widiarto Agus Dwi Arifudin Aitama, Fadia Rozika Ali, Hasani Moh. Anissa, Salsabila Apriliya Nursyabani Bachtyar Arini Desita Sari Asrul Maulana Atikha Sidhi Cahyana Aulia Sarah Azizah Aviva, Srivit Bagaskara, Tegar Christianto Bagus Trispratama, Enrico Chairunnisa, Fahira Safa Cherin Ayudia Sari Citra Sonia Condro, Rudy Cut Novianti Rachmi, Cut Novianti Dasapta Erwin Irawan, Dasapta Erwin Dedhi Bima Samudra Defny Holidin Deny Juanda Puradimaja Dilla Haniah Kurniawati Efendi , Nurul Eka Safitri, Annisa Emy Rosna Wati Emy Rosnawati Fahmi Shahab Fahrezi, Natario Okta Faizin, Moh. Febriandi Berutu Galih Kusumah, Galih Hana Yunita Makhfudotin Haniah Kurniawati, Dilla Hasan, Rizqi Hendy Irawan, Hendy Huzairin, Regita Amanah Indakto, Ratro Irwansyah Irwansyah Isroiyah, Nurul Jaya, Nur Intan Purwani Juneman Abraham Keukeu Kaniawati Rosada Khotimah, Siti Dewi Kurnia Ningsih Kolopita Kustiati Kustiati Lestari, Melati Indah Masruroh, Tri Antika Mitra Djamal Monica Firda Nurjannah Muhammad Ary Taufik Muhammad Asrul Maulana Mukti, Rino Rakhmata Mulyaningsih, Indrya Nafila, Nida Najmy Amien, Muhammad Ningrum, Hesti Noor Fatimah Mediawati Nur Riska Salsabila Nurhazman Abdul Aziz, Nurhazman Abdul Octaviani, Tresnia Oktavia, Herlina Pahlevy, Rifqi Ridhlo Pandu Sarigati Sari Phahlevi, Rifqi Ridlo Prasetiantara, Rafi Pristiwanto, Pristiwanto Purnama, Melati Indah Purnomo, Melati Indah Putra , Guntur Permana Putra, Ahmad Dzulfiqar Hibatullah Putra, Wildan Revandra Rahayu Hartini Regita Amanah Huzairin Rifqi Ridlo Phahlevi Rifqi Ridlo Phahlevy, Rifqi Ridlo Rizky Hamdani Robi'atul Adawiyah Romadhon, Fajar Riski Rositasari, Dewi Rudy Condro Safrian Hamzah Sandika Putra Pratama Septalia, Alyani Noor Septian, Septian Septriono Hari Nugroho Sholikhah, Firda Mar’atus Siswapranata, Fadiana Zahra Sobirov, Bobur Sonia, Citra Sparisoma Viridi Sri Budi Purwaningsih Sri Budi Purwaningsih, Sri Budi Sriyono Sriyono Tertia Mukti, Artanti Visa, Hikmah Tara Widya Wicaksono, Ageng Widya Visa, Hikmah Tara Wulandari , Shofia Eka Putri Yunita Makhfudotin, Hana