State Responsibility to Protecting Crypto Assets Customers

Cryptocurrency regulation presents a unique and monumental challenge for policymakers. Many countries have threatened to impose complete bans on the use and trading of cryptocurrencies. This study aims to describe the responsibility of the State in protecting crypto asset customer in Indonesia. The...

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Main Author: Yazid Bustomi
Format: Article
Language:English
Published: Universitas Negeri Semarang 2023-04-01
Series:Unnes Law Journal
Subjects:
Online Access:https://journal.unnes.ac.id/sju/ulj/article/view/61772
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author Yazid Bustomi
author_facet Yazid Bustomi
author_sort Yazid Bustomi
collection DOAJ
description Cryptocurrency regulation presents a unique and monumental challenge for policymakers. Many countries have threatened to impose complete bans on the use and trading of cryptocurrencies. This study aims to describe the responsibility of the State in protecting crypto asset customer in Indonesia. The normative juridical research method with data sources including primary data and secondary data is used as an analytical tool. The results of the study show that in order to protect crypto asset customer in Indonesia, the government refers to the Commodity Futures Trading Law No. 10 of 2011 which can provide legal protection for investors. Hedging of commodity futures contracts is carried out under the direct supervision of the Commodity Futures Trading Regulatory Agency (BAPPEBTI).
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spelling doaj.art-d2bc88def89140c884ebb1000414501a2024-01-18T08:11:37ZengUniversitas Negeri SemarangUnnes Law Journal2252-65362023-04-019120522010.15294/ulj.v9i1.6177261772State Responsibility to Protecting Crypto Assets CustomersYazid Bustomi0Sebelas Maret UniversityCryptocurrency regulation presents a unique and monumental challenge for policymakers. Many countries have threatened to impose complete bans on the use and trading of cryptocurrencies. This study aims to describe the responsibility of the State in protecting crypto asset customer in Indonesia. The normative juridical research method with data sources including primary data and secondary data is used as an analytical tool. The results of the study show that in order to protect crypto asset customer in Indonesia, the government refers to the Commodity Futures Trading Law No. 10 of 2011 which can provide legal protection for investors. Hedging of commodity futures contracts is carried out under the direct supervision of the Commodity Futures Trading Regulatory Agency (BAPPEBTI).https://journal.unnes.ac.id/sju/ulj/article/view/61772cryptocurrencycrypto assetcustomerregulationstate responsbility
spellingShingle Yazid Bustomi
State Responsibility to Protecting Crypto Assets Customers
Unnes Law Journal
cryptocurrency
crypto asset
customer
regulation
state responsbility
title State Responsibility to Protecting Crypto Assets Customers
title_full State Responsibility to Protecting Crypto Assets Customers
title_fullStr State Responsibility to Protecting Crypto Assets Customers
title_full_unstemmed State Responsibility to Protecting Crypto Assets Customers
title_short State Responsibility to Protecting Crypto Assets Customers
title_sort state responsibility to protecting crypto assets customers
topic cryptocurrency
crypto asset
customer
regulation
state responsbility
url https://journal.unnes.ac.id/sju/ulj/article/view/61772
work_keys_str_mv AT yazidbustomi stateresponsibilitytoprotectingcryptoassetscustomers