Bali car rental business owner arrested for accepting crypto payment

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Some foreigners have been using cryptocurrencies for payments after sanctions imposed on their country. Read more at straitstimes.com.

BALI - The Bali Police on Monday arrested the owner of a car rental business for accepting cryptocurrency payments. Police said he was the first business owner in Indonesia to be arrested for accepting cryptocurrency.

Police spokesman Stefanus Satake Bayu Setianto told a press conference on Tuesday that the 33-year-old man was arrested in Jimbaran on the Indonesian island.Get exclusive reports and insights with more than 500 subscriber-only articles every month

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