Retno Mawarini Sukmariningsih, Agus Nurudin, Eko Nursanty
This research aims to look at the potential of government revenue through taxes on digital currencies or better known as cryptocurrencies and against digital assets called NFT. With normative research methods to analyze how cryptocurrencies and digital assets (NFT) should be taxed at low or high tax rates. In addition to understanding cryptocurrency taxation policies as well as NFT, the study also looked at the taxation policies of various countries on cryptocurrencies and digital assets. Each country has different guidelines and considerations for the legal status and policies of the regulation of cryptocurrencies and NFT. There is no consensus between countries about this. Keywords; taxes, cryptocurrencies, digital assets, NFT
Khairunnisa Harahap, Tuti Anggraini, Asmuni Asmuni
Cryptocurrency dapat digunakan sebagai alat pembayaran, Investasi, maupun Trading. Beberapa jenis Cryptocurrency selain Bitcoin juga banyak digunakan. Pro dan kontra di masyarakat terjadi akibat perbedaan pendapat mengenai Cryptocurrency. Karena belum ada legalitas mengenai Cryptocurrency sebagai alat pembayaran maupun mata uang yang diakui di Indonesia. Harganya yang Fluktuatif serta keamanannya yang masih terdapat cela membuat perdebatan mengenai Cryptocurrency seperti pada Bitcoin belum mencapai titik terang. Dalam Perspektif hukum islam, sebagian Ulama berpendapat bahwa bentuk mata uang digital ini tidak mempunyai kejelasan dan tidak dapat dilihat fisiknya memungkinkan terjadinya penipuan menjadikan Cryptocurrency mengandung unsur Gharar. Kemudian penggunaan Cryptocurrency dalam Investasi maupun Trading menjadikannya tidak lepas dari spekulasi mengenai harganya yang sangat Fluktuatif dan hanya digunakan sebagai alat untung rugi maka Cryptocurrency mengandung unsur Maysir. Karena urgensi mata uang Kripto ini sangat luas terutama dalam cakupan teknologi dan ekonomi
Globalization has quickly transformed the economy and society, marked by the rapid integration of data and information, supply chains, and increasingly huge use of technology. The research aims to analyze the level of intention to use blockchain in Indonesia, especially the My-T Wallet developed by Tokoin using the Extended Technology Acceptance Model (TAM) approach. The research modifies the TAM by adding other variables that play an essential role in making decisions about using blockchain. The target population is that the respondents at least know about blockchain developments, in this case, My-T Wallet from Tokoin. The research obtains as many as 103 respondents who fill out the questionnaire through the purposive sampling technique. The data are collected through online surveys and analyzed using the Structural Equation Model (SEM) approach with the SmartPLS software. The findings highlight that the perception of the usefulness of the My-T Wallet application is most strongly influenced by public influence. Meanwhile, perceived ease of use is most influenced by the user interface in My-T Wallet. Then, the intention to use My-T Wallet application is strongly influenced by users’ positive behavior. On the other hand, the level of trust of application users must continuously be increased by paying more attention to government regulations and security aspects.
The significant increase in crypto investment in Indonesia is very high. This is indicated by the increase in crypto transactions, especially bitcoin and the increasing number of member investors in Indodax as one of the crypto transaction platforms in Indonesia. However, this increase is not supported by laws and regulations that can protect investors against their funds that have been deposited on a crypto transaction platform due to platform errors or due to fraud that is rampant in the cryptocurrency world. The fairly high increase in investment has also attracted the attention of the Indonesian government in collecting income taxes for investors in the crypto world which can increase the government's coffers of wealth destined for national development. However, there is also no regulation that regulates how much and how the income tax will be imposed. imposed on investors. So tthe problem arises as to how legal protection is for crypto currency investors in Indonesia and how income taxes can be imposed on crypto investors. The problem approach used in this research is the statutory approach, and the conceptual approach. Legal protection for CryptoCurrency investors is in the form of supervision from BAPPEBTI, supervision from the Investment Supervisory Task Force, security protection from crypto asset market managers and law protection form UU ITE. The imposition of crypto taxes can be imposed as well as the final share income tax, which is 0.1% of the gross amount of crypto asset sales transactions.
Virtual money is a product of specific cryptocurrency algorithms, where no particular institution or authority controls the circulation of this digital money or underlying assets for which there is no basis for pricing and consumer protection. By ceding the money system into the market, Cryptocurrencies require legality considerations. This research aims to explain cryptocurrency as a means of payment from the perspective of Islamic Law. This research uses a literature review or normative approach. The results showed that a Legal Vacuum or the empty laws governing Cryptocurrencies could potentially negatively impact. This is because there is the principle of haram li ghairihi, where something contains an element of uncertainty. In the Indonesian Ulema Council (MUI) perspective through Fatwa No. 116/DSN/-MUI/IX/2017, cryptocurrency is included in the concept of sharia maqashid due to uncertainty of containing element maysir (gambling).
Anton M. Anton Permana, Carty Irawan, Dede Sukmawan
Penelitian ini dilatarbelakangi oleh perdebatan instrumen investasi mana yang terbaik, yaitu Saham atau Cryptocurrency. Tujuan penelitian ini dilakukan untuk mencari tahu strategi mana yang optimal untuk kedua permasalahan tersebut menggunakan Game Theory. Dataset dikumpulkan melalui Google Form yang disebarkan di grup Telegram dan Facebook Saham dan Cryptocurrency. Sebelum dianalisa dengan Game Theory dilakukan harus sudah melalui Uji Validitas dan Uji Reliabilitas agar mengetahui strategi mana yang tidak valid. Setelah dilakukannya analisis ditemukan hasil dengan menggunakan Strategi Murni, yang dimana diambil 2 sudut pandang, yaitu Saham yang diunggulkan dan Crypto yang diunggulkan. Maka dengan penelitian ini, dapat terjawab strategi mana yang terbaik untuk kedua jenis instrumen investasi tersebut.
Afdillah Nur Aisyah Sinaga, Purnama Ramadhani Silalahi
Behavioral finance menyebabkan perilaku investor yang irasional dalam pengambilan keputusannya. Dalam behavioral finance terdapat adanya bias yang berpengaruh keputusan investasi, contohnya regret aversion bias dan overcinfidence. Penelitian ini bertujuan untuk menganalisis pengaruh regret aversion bias dan overconfidence terhadap pengambilan keputusan investasi pada investor generasi z di Indonesia. Teknik pengumpulan data menggunakan survei kuesioner secara online. Data yang telah terkumpul berasal dari responden generasi z yang memiliki pengalaman berinvestasi cryptocurrency. Teknik sampling yang digunakan pada penelitian ini adalah Teknik slovin. Analisis dilakukan melalui dua tahapan yaitu pengujian model pengukuran dan pengujian model struktural. Uji statistik untuk penelitian ini didukung dengan penggunaan aplikasi smartPLS 3. Penelitian ini menunjukkan bahwa regret aversion bias dan overconfidence berpengaruh secara signifikan terhadap pengambilan keputusan investasi cryptocurrency pada investor generasi z di Indonesia.
Sebelum mengambil keputusan dalam melakukan investasi, seorang investor harus mengetahui analisis teknikal. Penelitian ini bertujuan untuk mengetahui perbedaan keakuratan dan nilai return yang dihasilkan pada cryptocurrency periode 2019 – 2020 dengan menggunakan analisis teknikal. Jenis penelitian ini menggunakan pendekatan kuantitatif dengan metode komparatif. Sampel penelitian ini menggunakan purposive sampling, sehingga diperoleh 2 jenis cryptocurrency yang diperdagangkan pada platform Indodax. Teknik analisis data penelitian ini menggunakan platform Indodax untuk menganalisa harga dan dibantu dengan Microsoft Excel. Hipotesis dalam penelitian ini menggunakan uji beda Kruskal-Wallis dengan bantuan software SPSS 25. Hasil dari penelitian ini menunjukkan bahwa analisis teknikal moving average, bollinger band, dan rekative strength index baik dalam keakuratan ataupun nilai return yang hasilkan memiliki perbedaan secara signifikan pada cryptocurrency periode 2019 – 2020 dari segi statistik. Hal ini terjadi karena parameter yang digunakan setiap indikator analisis teknikal berbeda serta terjadinya covid-19 yang telah diumumkan sebagai global poandemic.
The purpose of this research is to determine the potential risk of tax losses caused by cryptocurrencies, to identify miners and cryptocurrency users, and to formulate a tax avoidance countermeasure strategy related to cryptocurrency transactions. This study uses qualitative research methods with literature study techniques. The type of data used in the form of textual includes definitions, concepts and arguments contained in the literature relevant to the research problem. The data used are primary data sourced from research articles from journals, and secondary data sourced from supporting documents. The data reduction and data analysis process include data display and content analysis. The results of this research show that the implementation of blockchain technology in the Indonesian tax system is a database integration model that can solve the problems of the underground economy in cryptocurrency transactions. The reason for the results of this study is that regulation of cryptocurrency transactions into the realm of regulation can be done through vertical regulation of the blockchain market, with a sectoral approach. The impact of the results of this study can be the basis for formulating tax policies related to cryptocurrency transactions by utilizing blockchain technology.
Rico Nur Ilham, Isfenti Sadalia, Nisrul Irawati, Irada Sinta
<p><em>Cryptocurrency is an investment commodity that can generate returns and already has a license to be traded in exchange trading through the Indonesian Commodity Futures Trading Regulatory Agency (BAPEPTI). There are quite a lot of crypto digital assets traded in Indonesia through the trading company Indodax. The purpose of this research is focused on formulating a risk management process in cryptocurrency digital asset investment. In addition, from the results of this study, a policy recommendation known as LCTR or "Legal Cryptocurrency and Tax Revenue" is expected to be considered by the government in formulating policies on crypto digital assets so that the interests of all parties can be accommodated for the realization of maximum state revenue from commodity trading. crypto digital assets. This type of research is quantitative descriptive with the research population, namely 5 cryptocurrency coins with the largest market caps in Indonesia, namely Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin in Indonesia. The type of data in this study is time series data taken from March 2021 to December 2021 by conducting a documentation study conducted on the publication of monthly cryptocurrency transaction reports, so that a target population of 240 (4 years x 12 months x 5 coins) monthly report data is obtained. for the research sample. The data analysis method in this study used multiple linear regression and data analysis used statistical software e-views version 10. The output of this study was the publication of reputable international journals,</em><em></em></p><p> </p>
Since 2009, blockchain has become a potentially transformative information technology that is expected to be as revolutionary as the Internet. Originally developed as a methodology for recording cryptocurrency transactions, the functionality of the blockchain has grown into a large number of applications, such as banking, financial markets, insurance, voting systems, lease contracts, and government services. Despite such advances, the application of blockchain accounting and assurance is still unexplored. This paper aims to provide an initial discussion of how blockchain can enable a real-time, verifiable and transparent accounting ecosystem. In addition, blockchain has the potential to change current auditing practices, resulting in a more precise and timely automated audit system.
Islam as a religion that is flexible, dynamic and adaptive to the times. However, this certainly has ethical limitations and has the principle that values ​​in Islamic teachings must be the basis in every human activity, especially in community activities or muamalah. Therefore, this paper aims to critically describe cryptocurrency investment in Islamic economic principles.The method used in this paper is a scientific study approach with literature study, with data collection through the study of books, literature, notes, and various reports related to the problem to be solved. Based on the results of this study, cryptocurrency when viewed in Islamic economic principles does not meet the criteria as a medium of exchange and investment that is permitted in Islam. Cryptocurrencies at the beginning of their creation had a clear goal, a complicated system that was not acceptable to everyone. So that cryptocurrency can be manipulated and monopolized by certain parties. In addition, cryptocurrencies have high volatility so they are very volatile and are closer to gambling.
Cryptocurrency is a blockchain-based technology that is often used as a digital currency. Digital money is different from conventional money, this type of money does not have a physical form but only a block of data bound by a hash as validation. The data is spread to every cryptocurrency user who is in the environment. So that when a user makes a transaction, data mining will be carried out. Cryptocurrencies have several advantages but also have disadvantages when used as currency, from a legal point of view there is still no law governing the circulation of currency in digital form (cryptocurrency). The government must recognize digital currency so that it can be accepted by the general public as a means of payment. For now, the government has not recognized digital money (cryptocurrency) as a currency, because Cryptocurrency is a new phenomenon by some people in Indonesia. The rapid development of technology in the 4.0 revolution era, in the next few years money in physical form will be replaced by digital money, seeing the many conveniences provided by using digital money.
Muhamad Oka Augusta, Celline Putriana Oktaviandi Syeira, Angga Hadiapurwa
Inovasi baru dalam dalam ilmu komputer semakin banyak, salah satunya adalah Blockchain. Blockchain merupakan teknologi yang memiliki ruang lingkup luas mencakup seluruh bidang dalam kehidupan. Blockchain merupakan system penyimpanan informasi pada jaringan internet yang terdistribusi oleh masing-masing node dan memiliki data yang sama. Sistem ini merupakan teknologi yang tidak dikelola oleh pihak ketiga melainkan seluruh pengguna. Blockchain ini dapat dimanfaatkan dalam dunia Pendidikan, meliputi manajemen sertifikat dan identitas dan meningkatkan serta memfasilitasi pembelajaran seumur hidup. Penggunaan Blockchain dalam dunia Pendidikan dapat menguntungkan pelajar, keamanan dan peningkatan efesiensi untuk institusi pendidikan, bisnis, dan pelajar, serta Integrasi kepercayaan dan transparansi. Dengan adanya penilitian ini diharapkan teknologi Blockchain dapat diaplikasikan dalam dunia Pendidikan untuk meningkatkan keefektifan proses belajar dan mengajar. Penelitian ini dilakukan dengan mengkaji berbagai studi pustaka yang tersedia yang berhubungan dengan blockchain pada dunia Pendidikan. Hasil penting dari penelitian ini adalah pengaplikasian blockchain dalam bidang pendidikan dapat meningkatkan motivasi pembelajar dan pengajar, meningkatkan keefektifan proses belajar dan mengajar, mempermudah pencari pekerja untuk mendapatkan pekerjaan dan perekrut pekerjaan dalam mencari pekerja yang cocok dengan kriteria pekerjaan.
Agung Rizky, Ninda Lutfiani, Wayan Sri Mariyati, Apriani Atika Sari · 5 authors
Decentralization is the division of centralized power processes as a whole into separate ones. Blockchain technology is a basic technology that enables decentralization and gives all users the opportunity to become part of the validator or node for future transactions. The purpose of this research is to develop and develop a tamper-resistant E-Journal Mobile Application system using Blockchain Technology, which supports reliable and auditable computing using a decentralized network, not only that, this research can also develop and develop an E-Journal Application System. Cellular that is resistant to interference from hackers or system crashes. By using Blockchain technology, it can solve problems that are reliable and can be done and controlled using a decentralized network. with great hope that choosing this type of decentralized blockchain technology will be useful in preventing errors and errors in the system. This is one of the main strengths of Blockchain Technology. With this decentralized transaction log, it will not be easy and it is impossible for a database consisting of hundreds to thousands of computers to be hacked or tampered with easily. This research is a model that can be implemented as a Blockchain technology development on Mobile Apps E-journals. In this study will be made using 3 methods, namely the data analysis method, the analysis method using SWOT and the development method using a waterfall with a combination of the three methods will make this research more effective and efficient.
Hamdi Hamdi, Sukardi Sukardi, Isfenti Sadalia, Rico Nur Ilham · 5 authors
Bitcoin is virtual money or electronic money that does not have a fixed or physical form that can be seen in the real world but is available and used in cyberspace. Bitcoin is one type of cryptocurrency spread in the world. In the current era of the covid-19 pandemic, the use of cryptocurrencies is
Indonesia is a Muslim-majority country, the survival of extensive zakat is very important for society. In the era of digital technology, the government encourages the government to improve classical zakat administration to ensure transpiration and the principle of facilitating zakat payments. This paper provides a study of the Islamic economic perspective and the potential application of zakat on cryptocurrencies. This paper provides a study of the Islamic economic perspective and the potential application of zakat on cryptocurrencies. In this study the author uses a qualitative approach where the main source is from the Indonesian zakat administration law and the secondary sources are published journals, articles, and reports. The findings of this paper suggest that governments and NGOs should facilitate and accept zakat payments in cryptocurrencies, because one of the advantages is the ability to make transactions more transparent and cross-border using blockchain technology. Provide a sense of security and more trust to the community towards zakat organizations in Indonesia. This study also found a way to calculate cryptocurrency zakat by determining the nisab, consistently above 85 grams for 12 months, so you can pay 2.5% zakat using the value of currency or value of precious metal. This research will help zakat managers in Indonesia to adopt technology in this regard.
Mochammad Fahlevi, Vional Vional, Rahandika Mita Pramesti
The aim of this study is to determine stakeholder acceptance of the blockchain and to investigate a suitable model using a Technology Acceptance Model with specific reference to corporate governance through cryptography in solving decades of financial record-keeping problems. Stakeholders in corporate governance, namely customers, creditors, suppliers, communities, employees, owners, investors, trade unions and social activists, can benefit in different ways. Investors can benefit from buying equity at a lower price and selling it on a market with greater liquidity, but they will find it difficult to disguise their trades. This study argues that almost all aspects of corporate governance can be improved through the application of this technology, which results in greater transparency, increases liquidity, and lowers costs. Corporate governance will also be better because blockchain technology uses the concept of a distributed ledger which allows data to be distributed at every connected point in an efficient and accountable manner, so that all parties in the blockchain can exchange data in real time.
Ratna Ekawati, Yandra Arkeman, Suprihatin Suprihatin, Titi Candra Sunarti
The complex supply chain system for the sugar agroindustry supply chain involves many actors, resulting in the asymmetry of information data. It still leads to a lack of data transparency. In the past, data traceability could not be made efficient at every stage, so the record data transaction was not real-time, less accurate, and inefficient coordination between actors. Blockchain is one of the technologies in the 4.0 era as a distributed ledger technology. It can be transparency, traceability, security, immutability, and decentralization. This study aims to design a white sugar agroindustry system based on blockchain technology using the SDLC waterfall stage public. Ethereum is a proof-of-work convention based on the Ropsten test-net on the Metamask wallet. The sugar supply chain system that has been successfully developed allows consumers to track the purchased sugar products based on the transaction hash code sent by the seller. The data listed is the location of the plantation, the quantity (quintal) and quality of sugarcane (percentage), and the purchase price. A web-based blockchain application could be used as a model by national sugar factories to help them make enough sugar food for themselves.
Trisna Taufik Darmawansyah, Farhan Firdaus, Yani Aguspriyani
Cryptocurrency merupakan sebuah terobosan baru yang mulai di kenal dunia investasi dan keuangan. Peluang serta ancaman dalam berbagai factor menjadi bahan pertimbangan, perbedaan pendapat untuk Cryptocurrency menjadikan orang enggan apakah akan menggunakan atau menolak Cryptocurrency. Di sisi lain, Cryptocurrency membawa keuntungan serta kerugian yang tidak bisa di hindari. Cryptocurrency hanya digunakan secara online sehingga rentan terhadap ancaman dan bahaya. Tulisan ini mencoba mengkaji pandangan maqashid al-syariah terhadap Cryptocurrency dengan pendekatan analisis SWOT kemudian akan dikaji lebih mendalam dengan pendekatan maslahah serta mafsadah sebagai factor terpenting dalam maqasid al-syariah. Oleh karena itu, penelitian ini perlu dikaji lebih lanjut karena maslahah dan mafsadah terkadang bertukar peran sebagai mashlahah khusus dan maslahat umum. Sebuah sistemnya selalu dirancang untuk kemaslahatan, namun tidak sedikit menimbulkan implikasi negatif. Tulisan ini dirancang penulis berdasarkan struktur Cryptocurrency yang dinamis dalam memenuhi kebutuhan pasar.
Muhammad Syahri Ramadhan, Theta Murty, Adrian Nugraha, Muhammad Zainul Arifin
Cryptocurrency sudah banyak diminati oleh kalangan masyarakat di dunia, tidak terkecuali di Indonesia. Cryptocurrency merupakan mata uang digital yang dapat dijadikan salah satu alternatif investasi selain investasi abstrak lainnya seperti saham. Para pemilik usaha tentunya harus mulai memikirkan bahwa ketika perusahaannya fokus kepada kegiatan usaha yang berbasis e-commerce, maka perusahaan memikirkan bahwa aset Cryptocurrency ini baik dari aspek ekonomi maupun hukum, untuk ditentukan sebagai aset perusahaan. Rumusan masalah yang akan dianalisis yaitu Bagaimana legitimasi dari pemanfaatan mata uang digital ( Cryptocurrency) Perseroan Terbatas sebagai aset Perusahaan. Tantangan dan solusi dalam mengimplementasikan regulasi terkait mata uang digital ( Cryptocurrency) Perseroan Terbatas sebagai aset Perusahaan. Pada saat ini mata uang digital masih diakui sebagai aset komoditas dalam aspek yuridis. Cryptocurrency belum dapat diakui oleh pemerintah sebagai mata uang selayaknya seperti rupiah dikarenakan adanya peraturan perundang – undangan yang melarangnya tersebut. Legitimasi bahwa aset kripto dapat dikategorikan sebagai aset perusahaan dapat dilihat pada Peraturan Menteri Perdagangan Republik Indonesia Nomor 99 Tahun 2018 Tentang Kebijakan Umum Penyelenggaraan Perdagangan Berjangka Aset Kripto dan Peraturan BAPPEBTI Nomor 5 Tahun 2019 Tentang Ketentuan Teknis Penyelenggaraan Pasar Fisik Aset Kripto di Bursa Berjangka. Tantangan dan solusi dalam mengimplementasikan ialah Kultur untuk menjadikan aset kripto sebagai aset penting dalam perusahaan harus ditingkatkan, hal ini dapat dimulai dengan membenahi sarana prasarana terkait digitalisasi seperti internet, gawai dan sejenisnya. Tindakan pemerintah juga tidak hanya berhenti menjadikan Cryptocurrrency (mata uang digital) sebagai aset komoditas saja akan tetapi dibutuhkan adanya aturan khusus bahwa mata uang digital dijadikan sebagai alat pembayaran sebagaimana mata uang rupiah seperti dalam wacana Bank Indonesia yaitu merancang Rupiah Digital atau Central Bank Digital Currency (CBDC).
Information and communication technology development has produced a public service model through E-government. The government issued a policy, namely the formation of Village Fund Allocations (ADD), to manifest financial decentralization towards independent villages. The village has a very strategic role as a government organizational unit that deals directly with the community with all backgrounds, interests, and needs. The purpose of writing this thesis is to find out the E-government-Based Village Fund Allocation Management System in the Village Finance Application (Siskeudes) in Padakkalawa Village, Pinrang Regency. This study used descriptive qualitative research. Data collection techniques are carried out by direct observation, interviews, and documentation. The theory used in this study is the theory of Arifiyanto and Kurrohman based on four indicators, including planning, implementation, supervision, and reporting/responsibility. The results showed the E-government-Based Village Fund Allocation Management (Study Siskeudes in Padakkalawa Village, Pinrang Regency). In the planning process, Siskeudes obtain data information about the Village Strategic Plan, village RPJM and establish a village development work plan (RKPDes). At the implementation stage, Siskeudes is used for the APBDesa preparation process. For the supervision stage, Siskeudes is used to provide information to supervisors. Moreover, the Siskeudes accountability reporting stage is used to apply the principle of transparency or information disclosed to the public with evidence of the implementation of financial reporting displayed through information boards or accessed through the website.
The development of information technology will be related to all fields including finance. Cryptocurrency (Cryptocurrency) or often referred to as virtual currency / digital currency is the result of a development of financial technology (financial technology). Digital currencies began to be widely used as a means of payment on the internet. The purpose of this currency is to Provide convenience and security in payment. With blockchain technology in it, making transaction costs cheaper. However, the Government in this case Bank Indonesia prohibits transactions using digital / virtual money because it has a harmful impact on the Financial System, Monetary Stability and Payment System in Indonesia. This study explains the impact of Cryptocurrencies on the Indonesian economy and the government's attitude towards existing technologies inside. In terms of the technology offered, cryptocurrency is a development of financial technology that allows to change paper money into digital money in financial transactions in the future. It is hoped that the government can review the technology contained in cryptocurrencies more deeply so that the policies made later do not prohibit the technology contained in cryptocurrencies and provide knowledge to the public to better understand about cryptocurrencies
Cryptocurrency is a digital or virtual currency, which does not have a physical form like fiat money. This crypto currency can only be used through devices such as PCs, laptops, smartphones and other devices that are connected to the internet. There are several advantages in a crypto system that uses blockchain system, such as transaction security, convenience, speed and can be used across countries and continents, however cryptocurrency which is currently circulating also still have weaknesses, including there is no supervisory authority, even many countries have disagreements over the legality of this cryptocurrency. The debate about the pros and cons regarding to the use of cryptocurrency becomes dynamics among the experts including the scholars who have study from Islamic point of view. This research aims to examine the dynamics of using cryptocurrency from ushul fiqh point of view, where the methods which used in this research are al-qur'an, al-Hadith, Qiyas and Sad-Adzariyah. Basically the use of cryptocurrency is allowed to meet cetain conditions that is by removing batil elements as in Quran surah An-Nisa verse 29, those batil elements are gharar and mayshir. Moreover, cryptocurrency must also have clear legality in a country for security in their use.