Cryptocurrency as a Digital Property in Indonesian Law Perspective
Cryptocurrency is the result of technological developments. The first cryptocurrency is bitcoin, introduced by Satoshi Nakamoto as a decentralized digital currency with a safe haven. Then over time, some countries recognized cryptocurrency as property are Netherlands, China, and others. Indonesia ha...
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Format: | Article |
Language: | English |
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Universitas Muhammadiyah Yogyakarta
2022-09-01
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Series: | Jurnal Penegakan Hukum dan Keadilan |
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Online Access: | https://journal.umy.ac.id/index.php/jphk/article/view/15134 |
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author | Muhammad Al Ikhwan Bintarto |
author_facet | Muhammad Al Ikhwan Bintarto |
author_sort | Muhammad Al Ikhwan Bintarto |
collection | DOAJ |
description | Cryptocurrency is the result of technological developments. The first cryptocurrency is bitcoin, introduced by Satoshi Nakamoto as a decentralized digital currency with a safe haven. Then over time, some countries recognized cryptocurrency as property are Netherlands, China, and others. Indonesia has classified cryptocurrency as a commodity. This study will discuss the legal views of property in Indonesian law regarding cryptocurrency. This study analyzed cryptocurrencies according to the material elements in Indonesian law, considering the classification of cryptocurrencies as commodities in Indonesia. This research applied a normative method with a statutory approach through primary and secondary legal materials, analyzed by descriptive analysis. This research found several material aspects in KUH Perdata that could be fulfilled in cryptocurrency. Law No. 19 of 2016 concerning Information and Electronic Transactions article 1 paragraph 2 mentions that Electronic transactions are legal acts carried out using a computer, computer network, or other media. |
first_indexed | 2024-04-13T14:36:11Z |
format | Article |
id | doaj.art-8e21e710a0224597ad6ee7fbcc18051e |
institution | Directory Open Access Journal |
issn | 2746-0967 2721-656X |
language | English |
last_indexed | 2024-04-13T14:36:11Z |
publishDate | 2022-09-01 |
publisher | Universitas Muhammadiyah Yogyakarta |
record_format | Article |
series | Jurnal Penegakan Hukum dan Keadilan |
spelling | doaj.art-8e21e710a0224597ad6ee7fbcc18051e2022-12-22T02:43:02ZengUniversitas Muhammadiyah YogyakartaJurnal Penegakan Hukum dan Keadilan2746-09672721-656X2022-09-013210411310.18196/jphk.v3i2.151346195Cryptocurrency as a Digital Property in Indonesian Law PerspectiveMuhammad Al Ikhwan Bintarto0Master of Law, Universitas Muhammadiyah YogyakartaCryptocurrency is the result of technological developments. The first cryptocurrency is bitcoin, introduced by Satoshi Nakamoto as a decentralized digital currency with a safe haven. Then over time, some countries recognized cryptocurrency as property are Netherlands, China, and others. Indonesia has classified cryptocurrency as a commodity. This study will discuss the legal views of property in Indonesian law regarding cryptocurrency. This study analyzed cryptocurrencies according to the material elements in Indonesian law, considering the classification of cryptocurrencies as commodities in Indonesia. This research applied a normative method with a statutory approach through primary and secondary legal materials, analyzed by descriptive analysis. This research found several material aspects in KUH Perdata that could be fulfilled in cryptocurrency. Law No. 19 of 2016 concerning Information and Electronic Transactions article 1 paragraph 2 mentions that Electronic transactions are legal acts carried out using a computer, computer network, or other media.https://journal.umy.ac.id/index.php/jphk/article/view/15134cryptocurrencykuh perdataproperty |
spellingShingle | Muhammad Al Ikhwan Bintarto Cryptocurrency as a Digital Property in Indonesian Law Perspective Jurnal Penegakan Hukum dan Keadilan cryptocurrency kuh perdata property |
title | Cryptocurrency as a Digital Property in Indonesian Law Perspective |
title_full | Cryptocurrency as a Digital Property in Indonesian Law Perspective |
title_fullStr | Cryptocurrency as a Digital Property in Indonesian Law Perspective |
title_full_unstemmed | Cryptocurrency as a Digital Property in Indonesian Law Perspective |
title_short | Cryptocurrency as a Digital Property in Indonesian Law Perspective |
title_sort | cryptocurrency as a digital property in indonesian law perspective |
topic | cryptocurrency kuh perdata property |
url | https://journal.umy.ac.id/index.php/jphk/article/view/15134 |
work_keys_str_mv | AT muhammadalikhwanbintarto cryptocurrencyasadigitalpropertyinindonesianlawperspective |