2 years ago
The cardinal slope said “for the clip being” Bitcoin was not regulated successful the country, but it was exploring the feasibility of introducing a CBDC.
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The Central Bank of Honduras, oregon BCH, addressed rumors regarding the state perchance adopting Bitcoin arsenic ineligible tender similar its neighbour El Salvador — and the reply seems to beryllium negative.
In a Wednesday statement, Honduras' cardinal slope said “for the clip being” Bitcoin (BTC) was not regulated successful the state and not recognized arsenic ineligible tender successful galore others. The BCH reiterated its authorization nether Honduras' constitution that it was the lone authorized “issuer of banknotes and coins” considered to beryllium ineligible tender successful the country.
“BCH does not supervise oregon warrant operations carried retired with cryptocurrencies arsenic means of payment,” said the cardinal bank, according to a translated statement. “Any transaction carried retired with these types of virtual assets is the work and hazard of those who bash it.”
The cardinal slope added it was continuing to survey “with the conceptual, method and ineligible analysis” the feasibility of introducing a cardinal slope integer currency, oregon CBDC, successful Honduras. The BCH said a CBDC would beryllium considered ineligible tender successful the state and regulated accordingly.
Related: As Bitcoin debuts successful El Salvador, Honduras and Guatemala survey CBDCs
Several quality sources reported this week that Honduran President Xiomara Castro was considering recognizing BTC arsenic ineligible tender. El Salvador, which borders Honduras to the west, adopted the crypto plus arsenic ineligible tender successful September 2021 and has since planned to construct a $1-billion “Bitcoin City” with crypto mining operations powered by geothermal vigor from the country’s volcanoes.
Holy cow! This is BIG quality if true! Reports saying that Honduras whitethorn beryllium adjacent to marque #bitcoin into ineligible tender! https://t.co/vSD5R7AY1F
— Lark Davis (@TheCryptoLark) March 22, 2022Other countries person besides been making pushes to travel El Salvador’s illustration successful adopting crypto. In February, a Mexican legislator said she planned to present a bill to the country’s legislature successful 2022 proposing BTC go ineligible tender — the measure is modeled aft El Salvador’s Bitcoin Law. A lawmaker from the land federation of Tonga, much than 10,000 kilometers from Hondura, is besides moving connected authorities which could spot the state recognize cryptocurrencies arsenic ineligible tender by mid-2023.
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