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Perlindungan Konsumen Pada Cryptocurrency di Era Digital Az Zahra Nashira Ryan; Aris Prio Agus Santoso; Giovania Madeira Do Carmo; Jonathan James Kurniawan; Zakkiya Muflih Gusma Putra
Aliansi: Jurnal Hukum, Pendidikan dan Sosial Humaniora Vol. 1 No. 3 (2024): May : Aliansi: Jurnal Hukum, Pendidikan dan Sosial Humaniora
Publisher : Asosiasi Peneliti dan Pengajar Ilmu Hukum Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62383/aliansi.v1i3.190

Abstract

The use of cryptocurrency assets in Indonesia is still prohibited as a means of payment but as an investment instrument it can be included as a commodity that can be traded on a term exchange as regulated in the regulation of Law No. 10 of 2011 concerning amendments to Law No. 32 of 1997. The positive impact of cryptocurrencies in consumer protection such as cryptocurrency financial access can provide access to the traditional banking system, thereby increasing financial inclusion. There are also negative impacts to consider in consumer protection: security risks associated with theft or hacking of cryptocurrency exchange platforms and digital wallets can threaten the security of consumer funds. This study aims to analyze about consumer protection of cryptocurrencies in the digital age. This research uses normative research methods and uses qualitative data types. The results of this study show that consumer protection in cryptocurrency in the digital era, among others, preventively, in cryptocurrency trading transactions as assets is also strengthened by the Regulation of the Commodity Futures Trading Supervisory Agency Number 9 of 2019 concerning Amendments to the Regulation of the Commodity Futures Trading Supervisory Agency Number 5 of 2019 concerning Textile Arrangements for the Implementation of the Physical Market of Cryptocurrency Assets on Futures Exchanges. Meanwhile, if repressively to protect what is given after a dispute arises in the form of sanctions, fines, imprisonment, and penalties imposed a dispute occurs, regulated in Article 22 of PerBappeti Number 5 of 2019 concerning Technical Provisions for the Implementation of the Physical Market of Cryptocurrency Assets on the Futures Exchange, that dispute resolution is carried out by deliberation to reach consensus if it does not reach consensus the parties can resolve through the Futures Trading Arbitration Agency Commodity (BAKTI) and the State Court as stated in the agreement between the parties. Bank Indonesia reaffirms the ban on the use of virtual currencies in cryptocurrency, both in the form of selling, buying, and trading with these currencies.
International Law Enforcement Against Transnational Narcotics Smuggling In Indonesian Sea Lanes Az Zahra Nashira Ryan; Rina Arum Prastyanti
International Journal of Social Research Vol. 2 No. 6 (2024): Insight : International Journal of Social Research
Publisher : Worldwide Research Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59888/insight.v2i6.42

Abstract

Indonesia, as the world’s largest archipelagic country, occupies a strategic position in the Asia-Pacific region, which makes its sea lanes vulnerable to transnational narcotics smuggling. Narcotics trafficking through Indonesian waters not only disrupts national security but also has far-reaching consequences for international security, global politics, and human rights. Despite existing international legal frameworks such as the 1982 United Nations Convention on the Law of the Sea (UNCLOS) and the 1961 Single Convention on Narcotic Drugs, Indonesia faces significant enforcement challenges. These include vast maritime borders, limited resources for surveillance, and the involvement of sophisticated international criminal syndicates. This research aims to analyze international law enforcement efforts in combating narcotics smuggling in Indonesian sea lanes, focusing on both legal frameworks and the practical challenges faced in enforcement. The study uses a normative legal research method, examining secondary data from legal documents, books, and journals. The results indicate that while international cooperation frameworks have been established, the effectiveness of narcotics law enforcement remains hindered by logistical and technological gaps. The study concludes that improving international collaboration, enhancing surveillance technology, and strengthening community-based preventive measures are essential for combating narcotics trafficking in Indonesian waters effectively.