Rethinking Indonesian Anti-Money Laundering Laws in the Age of Online Gaming Economies

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Published: Oct 23, 2024
DOI: https://doi.org/10.19109/nurani.v24i2.24422
Keywords:
Anti-Money Laundering Laws, Contemporary Money Laundering Practice, Gaming Economy, Virtual Items

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Shelvi Rusdiana
Universitas Internasional Batam, Indonesia
Tantimin
Universitas Internasional Batam, Indonesia
Winda Fitri
Universitas Internasional Batam, Indonesia

Abstract

Indonesia’s Anti-Money Laundering (AML) laws were originally designed to combat traditional financial crimes; however, the rise of virtual items in online gaming economies presents new challenges. This study aims to assess whether the current legal framework is equipped to address the use of virtual items in money laundering activities. Utilizing a normative legal research method and a statutory approach, the research draws on secondary data from Law No. 8 of 2010 on the Prevention and Eradication of Money Laundering, sourced from Indonesian legal databases. The data are analyzed descriptively to evaluate their relevance to digital economies. The findings reveal that while the AML Law provides a basic framework, it requires further development to specifically address the role of virtual assets and gaming platforms in money laundering. This study proposes legal reforms, including clearer definitions of virtual assets and amendments to impose liability on gaming developers, with the aim of enhancing Indonesia's regulatory framework to address emerging threats.

Article Details

How to Cite
Rusdiana, S., Tantimin, & Fitri, W. (2024). Rethinking Indonesian Anti-Money Laundering Laws in the Age of Online Gaming Economies. Nurani: Jurnal Kajian syari’ah Dan Masyarakat, 24(2), 360-374. https://doi.org/10.19109/nurani.v24i2.24422
Issue
Vol. 24 No. 2 (2024): Nurani: jurnal kajian syari'ah dan masyarakat
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Artikel
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Nurani by http://jurnal.radenfatah.ac.id/index.php/Nurani is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

How to Cite

Rusdiana, S., Tantimin, & Fitri, W. (2024). Rethinking Indonesian Anti-Money Laundering Laws in the Age of Online Gaming Economies. Nurani: Jurnal Kajian syari’ah Dan Masyarakat, 24(2), 360-374. https://doi.org/10.19109/nurani.v24i2.24422

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