Bali Police recently went undercover as customers to expose a covert network of transactions involving cryptocurrency payments.

The operation led to the arrest of TS, 33, a car rental entrepreneur, at his business premises in Jimbaran on Monday.

The Cyber Unit of the Bali Police launched an investigation after receiving reports of an increasing number of individuals using cryptocurrency for transactions on the Island of Gods.

#bali #indonesia #cryptocurrency #cryptoregulations #cryptoonindia