The Indonesian Central Bank has banned bitcoin as a method of payment. The bank claimed that bitcoin represents neither a legal nor a recognized medium of exchange and payment in the country. Indonesia has taken a hard stance against cryptocurrencies in the past. In 2014 the government prohibited their use in the country. The central bank at that time issued a warning against their use as legal payment tools, however, there was no hard enforcement. The new ban is believed to be behind the closure of Indonesia-based bitcoin payment platforms BitBayar and TokoBitcoin.