Honduras’ Central Bank Debunks Bitcoin as Legal Tender Rumors

2 years ago

The Central Bank of Honduras (BCH) has changeable down societal media chatter astir a imaginable imminent announcement that bitcoin (BTC) was acceptable to go ineligible tender successful that Latin American country.

“Bitcoin for the infinitesimal successful our state is not regulated,” said the BCH connected Wednesday successful a Spanish-language authoritative statement. The BCH, the slope continued, is the lone issuer of ineligible tender successful Honduras, and that remains solely the lempira.

Today’s announcement comes pursuing rumors connected Twitter and elsewhere that Honduras President Xiomara Castro was — successful akin manner to neighboring El Salvador past summertime — going to denote a program to marque bitcoin ineligible tender successful her country.

Turning backmost to the BCH statement, the slope recalled 2 communiqués — published successful 2020 and 2021, respectively — clarifying that the BCH "does not supervise oregon warrant operations carried retired with cryptocurrencies arsenic means of outgo successful the nationalist territory."

The BCH reiterated, though, that it continues with “the survey and conceptual, method and ineligible analysis” to find the feasibility of issuing its ain cardinal slope integer currency (CBDC), which would beryllium recognized arsenic ineligible tender successful the country.

DISCLOSURE

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Andrés Engler is simply a CoinDesk concern newsman based successful Argentina, wherever helium covers the Latin American crypto ecosystem. He holds nary crypto.


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