IJRR

International Journal of Research and Review

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Review Paper

Year: 2022 | Month: August | Volume: 9 | Issue: 8 | Pages: 766-774

DOI: https://doi.org/10.52403/ijrr.20220864

Electronic Transactions Against Virtual Money (Cryptocurrency) Stock Trading Special Criminal Law Perspective

Arie Kartika1, Windi Sri Wahyuni2

1,2Lecturer Faculty of Law, Universitas Medan Area, Indonesia

Corresponding Author: Arie Kartika

ABSTRACT

Virtual currency was designed as an alternative legal tender, originally for use in virtual communities, and certain online gaming sites. The number of such virtual currencies is constantly growing and reaching out to activities in the real world. Currently there are a large number of virtual currencies in circulation and they can be obtained either directly (through mining, bilateral transactions with investors, from companies that sell virtual currencies, purchase of certain goods, etc.) or indirectly through the exchange of virtual currencies. Cryptocurrency can also be referred to as unformed commercial objects; it is actually a digital form which can be used in electronic transactions. This study aims to analyze the existence of virtual money (cryptocurrency) in stock trading in Indonesia and find out the responsibility of money laundering perpetrators who use virtual money (cryptocurrency) in stock trading. The research method used is normative legal research. The results showed that the existence of virtual uag (cryptocurrency) in stock trading in Indonesia when used as currency unification, transacting, trading or as a means of payment with businesses in this case, especially stock trading in Indonesia, can be said to be invalid in terms of its use7 Of 2011 On Currency. Users of virtual money (cryptocurrency) in Indonesia are quite widely used in terms of business, which can be seen in Indonesia itself already circulating virtual money (cryptocurrencies) such as Bitcoin and Centcoin. Then, the responsibility of money laundering perpetrators who use virtual money (Cryptocurrency) in stock trading which is very negative for the state of Indonesia, especially in terms of business because people who have committed these crimes take advantage of technological advances unwisely so that perpetrators can be charged based on law no. 8 of 2010 on the prevention and eradication of money laundering.

Keywords: Stock Trading, Cryptocurrency, Special Crimes

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