“Bitcoin is a financial asset that exists virtually , which at the moment in our country is not regulated and in most countries, it does not have the status of legal tender,” Honduras’ central bank letter explains.
The country’s central bank further details that the central bank of Honduras is the “only issuer of banknotes and legal tender coins in the national territory.” Honduras’ central banking system “does not supervise or guarantee the operations carried out with cryptocurrencies,” the bank’s notice highlights. Essentially, the bank points out that any transaction conducted with a virtual asset is the sole responsibility of “those who carry it out.
While bitcoin and other crypto assets are not regulated or legal in Honduras, the central bank says that it is still “considering the importance of adopting technological innovation.” The bank is continuing to study the technical and legal ramifications of “issuing a central bank digital currency .” A theoretical Honduras’ CBDC would have “the characteristic of being recognized as legal tender in the country and therefore is regulated and has the support of the [central bank of Honduras].”
It is way beyond the mandate of Centralbanks, what matter, is the statement of government of Honduras ? Of course Crypto doesn't fits in the mind of the people working for conventional Banking system
Following Sotb12cMaria has been educative. Bitcoin is currently at the range of $41k-43k .The bull run will start soon . The biggest risk with bitcoin has been not owning it at this point not having any BTC feels irresponsible buy the dip ALTSEASON
UBXS combines nft and metaverse technology with the real estate industry. In the near future we will be able to buy a property with crypto. This is amazing technology for world.
Dexfolio excellent tracker to tracking your cryptos and will helping you finding your crypto that lose for long time. Me friends use it too is good app. Download free on Applestore and PlayStore.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.