Research Article
Juridical Analysis of the Use of Bitcoin Virtual Currency as a Means of Criminal Money Laundering
@INPROCEEDINGS{10.4108/eai.25-5-2024.2349465, author={Fidri Sahri and Hidayati Hidayati}, title={Juridical Analysis of the Use of Bitcoin Virtual Currency as a Means of Criminal Money Laundering}, proceedings={Proceedings of the 4th International Conference on Law, Social Sciences, Economics, and Education, ICLSSEE 2024, 25 May 2024, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2024}, month={8}, keywords={juridical analysis bitcoin virtual currency money laundering crime}, doi={10.4108/eai.25-5-2024.2349465} }- Fidri Sahri
Hidayati Hidayati
Year: 2024
Juridical Analysis of the Use of Bitcoin Virtual Currency as a Means of Criminal Money Laundering
ICLSSEE
EAI
DOI: 10.4108/eai.25-5-2024.2349465
Abstract
Cryptocurrency is a digital commercial object used in electronic transactions. The aim is to explore strategies to combat money laundering through digital media which considers the Bitcoin virtual currency a legal activity in the country to be used for illegal activities such as money laundering. A normative juridical approach with a conceptual framework as the method, a juridical-empirical approach analyzes various legal regulations relating to the use of the virtual currency Bitcoin and money laundering crimes. The research results explain the crime of money laundering based on Law no. 8 of 2010 concerning Prevention and Eradication of Money Laundering and Minister of Trade Regulation no. 99 of 2018 concerning Crypto Asset Trading Organizations. juridical analysis of the minister's laws and regulations to prevent cryptocurrency or money laundering related to Bitcoin virtual money which requires crypto asset trading entities registered on futures exchanges to comply with banking principles.
