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Abstract

Bank Indonesia as the Central Bank has full authority to manage the issuance and distribution of Rupiah in Indonesia. The creation of a digital currency initiated by Bank Indonesia is a contribution to the struggle to maintain the sovereignty of the Rupiah in the digital era. Digital progress requires appropriate and dynamic regulations, considering that its development cannot be predicted, of course this is because of its nature which can be accessed by anyone. The plan to create a digital currency, namely the Central Bank Digital Currency (CDBC) has risks that must be institutionally mitigated which are formulated through appropriate legal products. This study aims to strengthen central banking governance for the implementation of CDBC through legal formulations related to regulations and managing the risk of entering the transformation of conventional to digital currencies. Through normative legal research, it is known that the risk of CBDC has its own challenges because the world of financial inclusion systems with the existence of Artificial Intelligence and bots (robots) can take action automatically, of course it is high risk because there is no legal subject responsible, not to mention the transnational character of digital technology. Currently, the regulatory formulation for CBDC is determined in Law No. 7 of 2011 concerning Currency as amended by Law No. 4 of 2023 concerning the Development and Strengthening of the Financial Sector that in addition to Paper Rupiah and Metal Rupiah, there is also Digital Rupiah as the currency of the Unitary State of the Republic of Indonesia.

Keywords

Digital Rupiah Legal Risk Regulatory

Article Details

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How to Cite
Sudaryat, S., Darodjat, R., & Harrieti, N. (2025). ADDRESSING LEGAL RISKS AND REGULATORY NEEDS FOR THE IMPLEMENTATION OF CENTRAL BANK DIGITAL CURRENCY IN INDONESIA. ACTA DIURNAL Jurnal Ilmu Hukum Kenotariatan, 8(2), 161 - 175. https://doi.org/10.23920/acta.v8i2.2187
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