Honduras’ Central Bank Debunks Bitcoin as Legal Tender Rumors

Honduras’ Central Bank Debunks Bitcoin as Legal Tender Rumors

The Central Bank of Honduras (BCH) has shot down social media chatter about a possible imminent announcement that bitcoin (BTC) was set to become legal tender in that Latin American country.

“Bitcoin for the moment in our country is not regulated,” said the BCH on Wednesday in a Spanish-language official statement. The BCH, the bank continued, is the only issuer of legal tender in Honduras, and that remains solely the lempira.

Today’s announcement comes following rumors on Twitter and elsewhere that Honduras President Xiomara Castro was — in similar fashion to neighboring El Salvador last summer — going to announce a plan to make bitcoin legal tender in her country.

Turning back to the BCH statement, the bank recalled two communiqués — published in 2020 and 2021, respectively — clarifying that the BCH “does not supervise or guarantee operations carried out with cryptocurrencies as means of payment in the national territory.”

The BCH reiterated, though, that it continues with “the study and conceptual, technical and legal analysis” to determine the feasibility of issuing its own central bank digital currency (CBDC), which would be recognized as legal tender in the country.

Similar news Suggest news

Legal Honduras Will Not Adopt Bitcoin as Legal Tender, Central Bank Implies cryptopotato.com 14 h Bitcoin Honduras Denies Rumors of Making Bitcoin Legal Tender u.today 15 h Bitcoin Bitcoin is 'not regulated' – Honduras' central bank pushes back against legal tender rumors cointelegraph.com 17 h Bitcoin Honduras' central bank clarifies that bitcoin is not regulated www.theblockcrypto.com 18 h Suggest news

Send us the link to similar news on other source.

Why do we need it

Citation indicates the significance of news. The number of mentions in different sources allows to view the event from different angles.

Please help us in improving the app. If we published the news, and you found similar one in another source, send us a link to it.



Leave a Reply

Your email address will not be published. Required fields are marked *