- The Indonesian government said its Islamic-law ban ruling on virtual assets (cryptocurrencies) could change in the future.
- Indonesia said it follows the ruling of the Indonesian Ulema Council (MUI), the country’s top Islamic clerical body, which bans the use of virtual assets as currency while allowing commodity trading in digital assets that meet certain conditions.
- It said the National Sharia Council of the MUI (DSN-MUI) is aiming to issue a new religious ruling on Bitcoin (BTC) in November.
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The Indonesian government said its Islamic-law determination that virtual assets, or cryptocurrencies, are prohibited could change in the future.
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