Indonesia Attorney General Holds Training Course on Cryptocurrencies 

Asia Blockchain Review
October 11, 2019

Following an outright ban on cryptocurrencies, Indonesia has now set out to better equip its legal sector to handle the emerging technology.

Citing local source SketsIndoa, Bitcoinist reported that Indonesia’s Attorney General organized a course to educate lawyers on cryptocurrency as part of efforts to combat the use of digital assets for illegal activity.

Illegal Activity Involving Digital Tokens on the Rise

The course took place over a four-day period with attorneys from eight countries invited to attend.  

It was noted that the training was in direct response to an apparent rise in illegal activity worldwide involving digital tokens such as Bitcoin.

The course took place even as Indonesia maintains a ban of all cryptocurrencies, imposed since early 2018. 

Seeking a Concerted Effort to Combat Criminalization of Crypto 

Among attendants of the course were lawyers from Thailand, Australia, Turkey, Russia, Hong Kong, Malaysia and notably Singapore, where blockchain technology and cryptocurrencies have been embraced.

On the necessity for the training, Deputy Attorney General Dr. Arminsyah explained:

 “Cross-country cryptocurrency crime must be seen as a common enemy, therefore it cannot be addressed or faced partially by each country but must be prevented, fought, and eradicated holistically and together”.  

He later added that he hopes “the coordination established by the trainees is not merely formal,” saying he wants to see informal cooperation between prosecutors, police and customs officials “helping each other in the form of information delivery, data, advice, and the provision of facilities when they need each other”.

Source:bitcoinist.com/


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

    Related Article
    Blockchain Enables Verification of COVID-19 Immunity
    Given the virus is not going to disappear in a hurry and we are some time away from vaccinating the ...

    November 21, 2020

    Illicit Cryptocurrency Activity: A Concern
    Market regulators such as SEC has accepted cryptocurrencies as a financial instrument and are consta...

    November 20, 2020

    IBM Using Blockchain to Help Businesses Reopen during COVID-19
    IBM’s healthcare unit, IBM Watson recently announced that they will soon be launching an app to supp...

    November 20, 2020

    Canadian Pacific Railway Collaborates with TradeLens
    Canadian Pacific Railway recently collaborated with TradeLens in a bid to improve its efficacy as an...

    November 19, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us