Tourists Prohibited From Paying in Digital Assets as Crypto Crackdown Intensifies in Bali

Tourists Prohibited From Paying in Digital Assets as Crypto Crackdown Intensifies in Bali

Crypto payments for hotel stays, restaurant bills, and shopping centres are now strictly prohibited in Bali, Indonesia. The government there has warned all the visiting tourists against using cryptocurrencies for day-to-day transactions and purchases. A formal press conference was called for by the Bali Provincial Government to make this announcement….