In recent years, Non-Fungible Tokens (NFTs) have become a topic of discussion in society. NFTs have formed a new culture in the ownership of digital assets. The trading volume has increased, accompanied by the emergence of many creators in the local scene. With the significant opportunities recorded in this industry, many creator communities want to participate in presenting works that can be enjoyed by many people. By studying the variables of Web3 Brand Image and Photo Quality mediated by Collector Utilities Information on the Purchase Intention of prospective collectors in an NFT project, most of these variables have an influence, but one of them does not although it's not significant.
Nazaruddin A. Wahid, Dara Amanatillah, Cut Dian Fitri
The rapid growth of information technology, along with the increasing global digital economy and the public's need for reliable and secure payments, led to the invention of various digital currencies, including cryptocurrency. These currencies are based on the principles of supply and demand, with Bitcoin emerging as the leading crypto. This study aims to analyze the potential and challenges of using Bitcoin as a medium of exchange or commodity in Indonesia. Employing a qualitative approach, the study extensively explores library research methods, gathering data from various scholarly sources, including articles, books, and other relevant documents. The findings reveal that from an Islamic jurisprudence (fiqh) perspective, electronic money is considered a legitimate transactional instrument, similar to physical currency. Any costs incurred during the top-up process are considered as wages or fees (ujrah). If Bitcoin were to attain currency status, it would be subject to regulation under currency exchange laws (al-sarf) and categorized as usury property (al-maal al-ribawi). However, due to the absence of regulatory oversight by Indonesian financial authorities, the use of Bitcoin as a medium of exchange or a commodity does not carry legal implications. This regulatory gap results in more disadvantages than advantages in its implementation.============================================================================================================ABSTRAK – Dari Fikih ke Keuangan: Mengases Status Bitcoin dalam Sistem Moneter Indonesia. Pertumbuhan teknologi informasi yang pesat diikuti perkembangan ekonomi digital global, dan kebutuhan masyarakat akan metode pembayaran yang handal dan aman, memunculkan berbagai mata uang digital, termasuk cryptocurrency. Nilai uang ini didasarkan pada prinsip permintaan (demand) dan penawaran (supply), dimana Bitcoin menjadi mata uang cripto yang paling populer. Penelitian ini bertujuan untuk menganalisis potensi dan tantangan penggunaan Bitcoin sebagai alat tukar atau sebagai komoditas di Indonesia. Dengan pendekatan kualitatif, studi ini menggunakan metode library research dengan mengumpulkan data-data dari artikel, buku, dan berbagai sumber ilmiah relevan lainnya. Temuan penelitian menunjukkan bahwa dari sudut pandang fikih, uang elektronik dianggap sebagai alat pembayaran yang sah, disamakan dengan uang fisik. Untuk biaya-biaya yang dikeluarkan selama proses pengisian ulang dianggap sebagai ujrah. Jika Bitcoin berstatus sebagai alat tukar resmi, maka pengaturannya akan berada dalam konteks al-sarf dan dikategorikan sebagai harta ribawi (al-maal al-ribawi). Akan tetapi, OJK sebagai otoritas keuangan di Indonesia telah menerbitkan aturan yang melarang lembaga keuangan menggunakan, memasarkan, dan memfasilitasi perdagangan aset kripto. Meskipun Bitcoin dapat diperdagangkan sebagai komoditas di bawah pengawasan Bappebti Kementerian Perdagangan, ia tidak diakui sebagai instrumen pembayaran di Indonesia. Oleh karena itu, penggunaannya dalam transaksi keuangan berpotensi menimbulkan lebih banyak kemudharatan dibandingkan kemaslahatan akibat ketiadaan status hukum sebagai alat tukar.
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 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 pro and contra regarding to the use of cryptocurrency becomes dynamics among the experts including the scholars who have study from Islamic point of view. This reseach 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-Hadits, 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 has clear legality in a country for security in their use.
Ari Okta Viyani, Wahyu Adi Mudiparwanto, Syah Ammar Brawijaya Siraj
Non-fungible token (NFT) is a new type of blockchain-based token that is unique and cannot be divided. The existence of NFT technology provides benefits for the realization of a digital economy in the future. However, not much research has been done on this technology. Apart from that, the adoption and level of legitimacy of NFT technology for economic actors in Indonesia is also still very limited. Therefore, the role of adoption and legitimacy for economic actors in Indonesia needs to be increased, considering the many benefits of this technology for the realization of a digital economy in the future. To be able to increase the level of adoption and legitimacy for economic actors in Indonesia, the first thing that needs to be done is to know the basic reasons someone wants to accept (legitimize) and then use (adopt) the technology. If the basic reasons are known, the government can implement policies that are able to encourage higher technology adoption. This research uses the ZMET (Zaltman Metaphor Elicitation Technique) technique. This method is able to reveal a person's subconscious thoughts, which are sometimes hidden during interviews.
Ferdinand Nainggolan, Lady Lady, Ervinasari Harianja
Investasi pada Bitcoin di Indonesia meningkat setiap tahunnya, hal ini dikarekan para investor yang melihat peluang keuntungan yang baik dan mengerti pentingnya untuk melakukan investasi. Hal ini juga didasari, bahwa bitcoin sebagai wadah investasi yang dianggap mudah untuk digunakan menjadi pilihan para investor. Penelitian ini dilakukan guna mengetahui faktor apakah yang menjadi pendorong dalam melakukan repurchase intention terhadap bitcoin. Metodologi penelitian ini adalah dengan penyebaran kuesioner melalui form online terhadap 172 investor bitcoin yang melakukan pembelian bitcoin secara berkelajutan. Pada penelitian ini menemukan bahwa perceived of enjoyment, expectation dan perceived ease of use dalam penggunaan berpengaruh signifikan terhadap repurchase intention bitcoin, sedangkan satisfaction dalam penggunaan tidak memiliki pengaruh terhadap repurchase intention bitcoin.
Muhammad Wildan Habibi, Luthfiah Nurul Izza, Rahma Thalita
Uang sebagai alat tukar didalam kegiatan ekonomi telah mengalami banyak perubahan. Keberadaan uang yang semula terbuat dari hal-hal sederhana telah sampai kepada saat ini dimana uang hanya berupa kode digital didalam dunia virtual. Bitcoin sebagai cryptocurrency merupakan jenis uang revolusioner yang mempunyai nilai tukar yang tinggi. Keberadaan cryptocurrency sampai saat ini masih diperdebatkan penggunaannya di dunia baik dari segi kebijakan ekonomi keuangan ataupun segi syariat Islam. Metode penelitian yang digunakan dalam penelitian ini adalah metode studi kepustakaan (Library Research), dengan menggunakan pendekatan hukum normatif dengan mengkaji dokumen-dokumen yang ada dengan cara deskriptif kualitatif. Data dikelola menggunakan teknik pengumpulan data bahan sekunder dan bahan tersier. Hasil dari penelitian ini menjelaskan bahwa cryptocurrency adalah mata uang digital yang terlepas dari otoritas pemerintah pusat. Fungsi cryptocurrency dapat berjalan dengan ditopang oleh sistem ledger Blockchain yang berbasis peer to peer oleh para miners yang mampu menyelesaikan masalah besar dalam keuangan digital yaitu double spending problem dan byzantine general problem. cryptocurrency yang memiliki proteksi serta privasi yang tinggi, mengakibatkannya banyak disalahgunakan untuk kegiatan ilegal. Indonesia demi menjaga kedaulatan Pancasila melarang penggunaan cryptocurrency sebagai alat tukar, tetapi mengakuinya sebagai aset kripto yang dapat diperjualbelikan sebagai komoditi. Penelitian ini bertujuan untuk menjelaskan hukum transaksi pembayaran cryptocurrency dalam prespektif Majelis Ulama Indonesia dan Nahdlatul Ulama, menjelaskan Dasar Hukum Transaksi Pembayaran Melalui Cryptocurrency, cara transaksi pembayaran melalui cryptocurrency, cryptocurrency dalam perspektif hukum islam, menjelaskan jual beli mata uang kriptografi sebagai komoditi aset digital dan perbedaannya dengan jual beli komoditi syariah di Indonesia, menjelaskan pandangan fiqh mengenai jual beli mata uang kriptografi sebagai komoditi aset digital. Penelitian ini dilakukan dengan kerangka berpikir bahwa sebagai bentuk pengamalan teori seorang muslim, harus melaksanakan hukum Islam sebagai konsekuensi logis dari pengakuannya. Pemahaman yang jelas tentang kehalalan penggunaan cryptocurrency baik sebagai mata uang, maupun sebagai komoditi sangat dibutuhkan sebagai penunjuk arah bagi seorang muslim. Aset kripto ditemukan mempunyai karakteristik layaknya komoditi nyata pada umumnya sehingga boleh diperjualbelikan untuk investasi selama menjauhi kegiatan spekulatif tidak mengandung gharar, dharar dan tidak bertentangan dengan Undang-Undang nomor 7 tahun 2011 dan Peraturan Bank Indonesia nomor 17 tahun 2015. serta memenuhi kaidah-kaidah syara yang dalam hal ini ditentukan oleh Majelis Ulama Indonesia dan Nahdlatul Ulama.
 Kata kunci: Cryptocurrency, Majelis Ulama Indonesia, Nahdhatul Ulama, pembayaran.
ABSTRAKPenelitian ini bertujuan untuk menentukan pengaruh pergerakan harga global komoditassektor energi, terutama Harga Minyak Mentah dan Harga Gas Alam terhadap pergerakan hargabitcoin. Penelitian ini lebih fokus pada Criptocurrency Bitcoin. Metode pengambilan data yangdigunakan dalam penelitian ini adalah metode kuantitatif dengan teknik purposive sampling, danpengumpulan data dilakukan dengan menggunakan data sekunder secara periode mulai dari Juni2019 sampai dengan Juli 2022. Teknik analisis data yang digunakan oleh penulis adalah AnalisisRegresi Linier Berganda. Hasil dari penelitian ini menunjukkan bahwa harga global komoditassektor energi, terutama Minyak Mentah dan Gas Alami, memiliki pengaruh positif terhadappergerakan harga Bitcoin.Kata kunci : Cryptocurrency, Bitcoin, Minyak Mentah, Gas AlamABSTRACTThe aim of this study is to determine the influence of global energy sector commodity pricemovements, especially Crude Oil and Natural Gas Prices, on the movement of Cryptocurrencyprices. This study focuses primarily on the Cryptocurrency Bitcoin. The data collection method inthis research is quantitative with purposive sampling technique. The researchers use secondarydata from June 2019 to July 2022 weekly. The sample size for this study consists of 165 samples.Secondary data sources are obtained through the finance.yahoo.com website. Technique analysisanalysis in this research is Multiple Linear Regression. The results of this study show that globalenergy sector commodity prices, especially Crude Oil and Natural Gas, have a positive influenceon the movement of Bitcoin prices.Keyword : Cryptocurrency, Bitcoin, Crude Oil, Natural Gas
Investasi merupakan salah satu cara untuk mengalokasikan dana ke dalam bentuk investasi yang menguntungkan dengan memiliki dimensi waktu jangka panjang. Namun, keputusan investasi yang diambil harus dipertimbangkan dengan baik karena memiliki konsekuensi berjangka panjang pula. penelitian ini untuk menguji pengaruh herding dan overconfidence terhadap keputusan investasi cryptocurrency di PurwakartaPenelitian ini merupakan penelitian kuantitatif dengan melakukan survei terhadap investor cryptocurrency menggunakan kuesioner, sampling penelitian menggunakan aksidental terhadap investor di Purwakarta, responden yang di dapatkan berjumlah 53. Data dianalisis secara statistik untuk memahami pengaruhnya dengan analisis regresi berganda.Hasilnya ditemukan bahwa herding bias memiliki pengaruh positif yang signifikan terhadap keputusan investasi, sementara overconfidence bias juga mempengaruhi keputusan investasi meskipun dengan pengaruh yang lebih rendahInvestor perlu meningkatkan pemahaman tentang cryptocurrency, melakukan analisis yang cermat, dan mengurangi pengaruh perilaku herding dan overconfidence bias untuk membuat keputusan investasi yang lebih rasional.
Cryptocurrency is one of the recent innovation and technological instrument that begins with the invention of Bitcoin in 2009. The Unified Theory of Technology Acceptance or UTAUT framework for short, is one of the model available to use regarding technological acceptance by mankind. The UTAUT framework is used to describe what might push somebody to accept and use new technologies based on available varia bles given by default by the framework. Using UTAUT’s model, we can design questions on a questionnaire based directly on those available variables. This research is done with the goal of knowing what actually motivate the citizen of Medan to accept and use cryptocurrency in their lives. Using 87 data collected from questionnaire, with 30 used as sample for data testing and the remaining 57 for data training on SPSS Statistics 25, an application developed by IBM Corp. (International Business Corporation), we will find out about validity, reliability, normality, and linear regression. The results obtained of those data are valid and reliable, with the variable of Y being affected by the variable of X1 and X4, while X2 and X3 do not, and 14.9% of those variabl e variations affect Y, while 85.1% were external variables not included in this research.
There has been a huge growth in the value of bitcoin in Indonesia, especially during late 2017. Many people are interested and aware of this phenomenon related to Bitcoin that operates only as a digital system and has no physical existence. This research will further discuss Bitcoin as an investment agreement object. This research uses a normative legal research method with a conceptual approach that refers to the law. This research aims to determine and analyze the comparison of the validity of investment agreements that use Bitcoin as an investment object in several countries. In addition, to find out and analyze the legal protection of the parties who make Bitcoin buying and selling transactions using the Indodax website facility under Indonesian law. The results of this research indicate that there are differences of legal basis to regulate Bitcoin transaction agreements between El Salvador and Indonesia. In El Salvador, the Bitcoin Law is set as the legal basis for regulating Bitcoin transaction agreements. Whereas in Indonesia, the legal basis for regulating Bitcoin transaction agreements is the Commodity Futures Trading Supervisory Agency Regulation No. 5/2019 concerning Technical Provisions for the Implementation of the Crypto Asset Physical Market on the Futures Exchange.
Blockchain is an inspiring new technology that requires a lot of attention from various researchers and companies. This technology offers various benefits, where the newest derivative of this technology is Non-Fungible Tokens (NFT). In NFT, various digital assets such as images, videos, music or virtual creations are traded. The relatively new NFT creates a lack of user knowledge to be able to utilize this technology as a digital asset for trading. On the one hand, users welcome the use of NFTs as a tool to gain financial gain, but on the other hand, there are users who doubt the long-term success of NFTs as a form of investment and see them as a temporary trend that may be detrimental in the event of a market crash. The purpose of this research is to explore various factors that can impact the attitudes of NFT users. The research used a quantitative method which was carried out at the Indonesian NFT Community, involving 377 respondents as a sample. Questionnaires were distributed online using the Google form on the Telegram platform. The data analysis used in this research is by using Structural Equation Modeling (SEM). The results of the study show that there are five factors that significantly influence the attitude of NFT users. Perceived ease of use, perceived usefulness, perceived trust, and personal innovativeness have a positive and significant effect on user attitudes, while perceived risk has a negative effect and is one of the factors that has the most impact on user attitudes than other factors, followed by perceived trust in the second position as the most dominant variable. So like any new technology, NFTs have risks and trust issues that most users consider.
Blockchain technology has become one of the most promising technological innovations in recent years. The main advantages of blockchain technology are high transparency, security, and data integrity. Therefore, this technology has attracted attention in various sectors, including the economy. This research aims to examine the role of blockchain technology in enhancing economic transparency and public trust. This study is a literature review that adopts a qualitative method, which means it will analyse and interpret data by utilising information and texts derived from various sources. The results of the study show that blockchain technology has proven itself to be a highly effective tool for achieving this goal. In an increasingly connected and data-dependent society, economic transparency and public trust are key factors in sustainable economic growth and social stability.
Penelitian ini bertujuan untuk menganalisis perbandingan kinerja instrumen investasi Cryptocurrency Bitcoin, Reksa Dana Saham Sucorinvest Equity Fund, dan Emas Antam yang dapat menjadi pertimbangan bagi investor dalam pengambilan keputusan investasi. Populasi dan sampel dalam penelitian ini yaitu harga penutupan bulanan Cryptocurrency Bitcoin dan Emas Antam, serta NAB bulanan Reksa Dana Saham Sucorinvest Equity Fund dengan teknik pengambilan sampel jenuh pada tahun 2020-2022, yaitu sebanyak 108 data. Penelitian ini menggunakan data sekunder. Data terlebih dahulu diolah dengan bantuan Microsoft Excel, kemudian diuji dengan uji statistik nonparametrik Kruskal Wallis menggunakan SPSS 29.0 for windows. Hasil penelitian ini menunjukkan bahwa terdapat perbedaan kinerja yang signifikan antara Cryptocurrency Bitcoin, Reksa Dana Saham Sucorinvest Equity Fund, dan Emas Antam diukur dengan metode Sharpe Ratio dan Jensen Ratio. Sementara, hasil pengukuran dengan metode Treynor Ratio menunjukkan tidak terdapat perbedaan kinerja yang signifikan antara Cryptocurrency Bitcoin, Reksa Dana Saham Sucorinvest Equity Fund, dan Emas Antam.
This exploration aims to dissect the influence of herding behavior and overconfidence-bias on investment decisions by millennial generation Cryptocurrency investors in Malang City. This type of research is explanatory research with a quantitative approach. This research aims to test and explain the influence of the direct relationship between the variables herding behavior and overconfidence-bias on investment decisions by cryptocurrency investors through hypothesis testing. This research has a sample size of 99 Millennial Generation Cryptocurrency investors in Malang City which was obtained through distributing a Google Form questionnaire using a purposive sampling technique. This research uses the F-test with the SPSS 23 application. The results of this research show that the herding behavior variable has a significant effect on investment decisions. However, this is different, the overconfidence_bias variable does not have a significant effect on investment decisions by millennial generation Cryptocurrency investors in the city of Malang.
Lanskap keuangan sedang mengalami perubahan paradigma dengan munculnya aset digital, terutama mata uang kripto, yang telah menangkap imajinasi para investor di seluruh dunia. Di antara para investor ini, individu-individu muda terlihat menonjol karena partisipasi mereka yang semakin meningkat di pasar aset digital. Di Kota Bandung, Indonesia, populasi anak muda yang melek teknologi berada di garis depan tren transformatif ini. Penelitian ini berjudul bertujuan untuk mempelajari lebih dalam tentang dinamika investasi cryptocurrency di kalangan anak muda Bandung. Dengan menyelidiki perilaku, persepsi risiko, strategi investasi, motivasi, dan pengaruh demografis mereka, penelitian ini memberikan kontribusi wawasan yang berharga untuk bidang investasi aset digital yang terus berkembang. Berada dalam konteks yang lebih luas dari pasar keuangan yang terus berubah, penelitian ini berusaha untuk memberikan informasi kepada para pembuat kebijakan, lembaga keuangan, dan investor muda itu sendiri ketika mereka menavigasi seluk-beluk lanskap aset digital.
<p align='justify'> This research aims to analyze Cryptocurrency Fundamentals Against Price Fluctuations (Case Study of Cardano Coin Cryptocurrency for the period 2022 to 2023). This research will analyze the relationship between fundamental factors which include variables such as market capitalization and trading volume with Cardano Coin price fluctuations. This research was conducted at the explanatory level, which aims to explain the causal relationship between the variables involved through hypothesis testing. The method used in this research involves data processing using the SPSS version 26 program. The research results show that the two independent variables, namely Average Trading Volume (X1) and Average Market Capitulation (X2), have a significant influence on Average Price -average (Y) on Cardano cryptocurrency. The high calculated t coefficient values for Average Trading Volume (X1) and Average Market Capulation (X2) indicate that they have a strong influence on Cardano price fluctuations. Average Trading Volume (X1) has a significant positive relationship with Average Price (Y). Average Market Capulation (X2) has a significant negative relationship with Average Price (Y). </p>
 <p><strong>Keywords : </strong>Cryptocurrency, Market Capitalization, Trading Volume, Price Fluctuation, Cardano Coin.</p>
Bitcoin merupakan salah satu instrumen investasi yang dapat memberikan keuntungan dan telah mendapatkan izin untuk diperdagangkan oleh Badan Pengawas Perdagangan Berjangka Komoditi Indonesia. Keberadaan investasi mata uang digital kini semakin populer di berbagai belahan dunia, termasuk di Indonesia, yang didorong oleh lonjakan harga yang signifikan. Tujuan utama penelitian ini adalah untuk mengetahui pengaruh World Comodity Price terhadap harga Bitcoin. Penelitian ini merupakan penelitian kuantitatif. Jenis data dalam penelitian ini adalah data time series yang diambil dari laporan transaksi bulanan Bitcoin Januari 2016 sampai dengan Desember 2022, sehingga didapatkan target populasi sebanyak 84 data bulanan untuk yang menjadi sampel penelitian. Metode analisis data dalam penelitian ini menggunakan model regresi Moderate Regression Analysis (MRA) dan analisis data menggunakan software statistik STATA. Hasil analisis data menunjukkan variabel harga emas dunia berpengaruh positif signifikan terhadap harga Bitcoin, sedangkan variabel harga minyak dunia (WTI) dan harga batu bara tidak memiliki pengaruh yang signifikan terhadap harga Bitcoin. Indeks dolar (dxy) memperkuat pengaruh positif kenaikan harga emas terhadap harga Bitcoin.
Mutamimah Mutamimah, Suryani Alifah, Made Dwi Adnjani
This study aims to design a framework of corporate governance innovation to reduce the credit risks of Micro, Small and Medium Enterprises (MSMEs) by using blockchain technology. The research design uses a qualitative approach with Grounded theory analysis for data analysis with open, axial, and selective coding. This framework consists of two stages, namely development and validation. In-depth interviews are used for data collection to develop the framework while focus group discussions are used for validation. The in-depth interviews are carried out with various stakeholders, such as the government, association, MSMEs, suppliers, and banking. Findings show that blockchain technology as corporate governance innovation framework has the potential to reduce asymmetric information and credit risk. The reason is that blockchain technology can facilitate recording, immutable, partial decentralisation, and storage of business and financial transactions on a digital network and all stakeholders can access information in a transparent and valid manner that can increase transparency, accountability, responsibility, and fairness. Results of the focus group discussion indicate the validity of the proposed framework.
Holding the loss without reason is one of the behavioural biases which are very common to be found in investment. Investment is also entering a new era of modern and sophisticated assets. One of these assets is known as cryptocurrencies. This article is written to detect whether the disposition effect is occurring to cryptocurrency investors and whether they are holding the loss. The disposition effect in this research was measured as respondents' perception of whether they sold the winning assets too fast and kept the failure in the long run. The result from this research is disposition effect was indeed found in descriptive statistics but failed to confirm the influence of independent variables on the disposition effect using the linear regression method. There is no effect of financial literacy, overconfidence, regret aversion, and risk tolerance on the perceptional disposition effect, which the emotional factor of loss aversion might cause. This will cause an individual to be reluctant to realize the loss in the hope the asset will return to the initial purchasing price. Further investigation will be the future area for developing research about the disposition effect. Interestingly, this research also found the literacy score of the respondents is deficient, but they are very confident in investing in the most volatile asset, such as cryptocurrencies. This research has several limitations, such as the sample being relatively similar in financial literacy, so selecting a wide range (heterogenous), sample in future research is crucial. Another improvement is in methodology, and perhaps an experimental approach could be a promising field in the study of behavioural bias in the future.
Investment is a driving factor for a country's economic development. One form of investment that is often used is bitcoin investment. This type of investment is an investment alternative that is easily accessible to the wider community. This study aims to find out whether the causes of many cryptocurrency investors are FOMO. This study uses a qualitative research design with a case study approach. Cryptocurrency investments made by new informants are in the trial and error stage so the money invested is not large, only in the hundreds of thousands to millions. The nominal is not that big but it means a lot if it's not used properly. The cause of FOMO among novice investors in investing in cryptocurrency is that many investors have already invested so they want to participate in these investment activities.
This study aims to analyze the Indonesian government's policies regarding cryptocurrency transactions and taxation and accounting practices in Indonesia. In addition, this research also conducts literature studies abroad. Commodity Futures Trading Regulatory Agency Regulation No. 13 of 2022 and No. 8 of 2021 concern guidelines for organizing crypto asset physical market trading on futures exchanges to oversee cryptocurrency transactions. Cryptocurrency transactions in Indonesia are considered VAT objects and are subject to income tax. Accountants face a challenge because there is no accounting standard that explains why cryptocurrency must be considered. It is hoped that the Indonesian Accounting Standards Board can conduct discussions related to accounting standards for cryptocurrency. Besides, the government's role is very important in making financial technology policies and systems in order to mitigate the risks of cryptocurrency transactions so that they can benefit investors and the tax system in Indonesia.
Charis Masduki, Amalia Nur Chasanah, Lenni Yovita, Dian Prawitasari
Tujuan dari penelitian ini adalah untuk membandingkan return investasi antara Bitcoin dengan Indeks Harga Saham Gabungan (IHSG) menggunakan periode waktu antara April 2013 sampai dengan Maret 2023 dengan rentang waktu 1 tahun, 5 tahun dan 10 tahun. Penelitian ini merupakan penelitian kuantitatif menggunakan metode komparatif. Data yang digunakan adalah data historis Harga Bitcoin dan harga IHSG. Analisis data menggunakan uji Mann-Whitney. Hasil dari penelitian ini menunjukkan bahwa investasi Bitcoin dengan IHSG dalam jangka waktu 1 tahun dan 5 tahun Tidak terdapat perbedaan pengembalian investasi antara Bitcoin dengan IHSG, sedangkan jangka waktu 10 tahun terdapat perbedaan pengembalian atau return investasi antara Bitcoin dengan IHSG.
Kadek Diah Listiyani Putri, I Gusti Ayu Nyoman Budiasih
The Ministry of Finance shows data regarding interest in investing in Cryptocurrency in Indonesia continues to increase. This study aims to obtain empirical evidence of the influence of investment knowledge, risk perception, returns, and motivation on students' interest in investing in Cryptocurrency. The sample was taken using the purposive sampling method and obtained 110 student respondents for the 2019 and 2020 batches of the Bachelor of Accounting study program, Faculty of Economics and Business, Udayana University. Multiple linear regression analysis was used in this study as a data analysis technique. Based on the results of the analysis, it was found that things related to investment knowledge, returns, and motivation had a positive effect on students' interest in investing in Cryptocurrency, while perceptions of risk had no effect on students' interest in investing in Cryptocurrency.
Universitas Lampung, Ahmat Nurmawan, Erlina Rufaidah, Rahmah Dianti Putri
This study aims to determine how students' perceptions of cryptocurrency investment assets are viewed from cost perception, benefit perception, and risk perception. This study used quantitative descriptive research method with survey approach. The population in this study is students of the Economic Education Study Program FKIP University of Lampung with a total of 230 students. The sampling technique in this study was Probability Sampling using the Simple Random Sampling technique and a sample of 146 students was obtained. The results stated that students of the Economic Education Study Program FKIP University of Lampung have a good perception of cryptocurrency investment assets in terms of aspects of cost perception and benefit perception. Meanwhile, in terms of risk perception, students of the Economic Education Study Program FKIP University of Lampung have a bad perception of cryptocurrency assets. Seeing the potential and development of financial instruments, students should begin to be sensitive and begin to understand all aspects in it before investing to avoid various kinds of existing risks.