Bitcoin Not Legal Tender in Honduras, Central Bank Shoots Down Rumours
After rumors on Twitter appeared that Honduras President Xiomara Castro was going to announce plans of making Bitcoin legal tender in the country, similar to neighboring El Salvador, the country’s central bank quickly responded in an official statement, debunking claims.
The outlook of Honduras adopting to a Bitcoin standard was quickly made after the president had said that El Salvador cannot be the only country to move away from dollar hegemony. She said:
“We must not allow El Salvador to be the only country escaping dollar hegemony. Honduras has the right to move towards the First World countries.“
In a statement released on Wednesday by the Banco Central de Honduras (BCH), the bank said that “Bitcoin for the moment in our country is not regulated,” and added that the only legal tender in the country is the lempira, issues by the BCH.
Comunicado sobre la posible adopción del Bitcoin como moneda de curso legal del país. Para mayor información: https://t.co/hIDx8DWiKp pic.twitter.com/TejuiWRO9E
— Banco Central de Honduras (@BancoCentral_HN) March 23, 2022
https://platform.twitter.com/widgets.js
While the BCH “does not supervise or guarantee operations carried out with cryptocurrencies as means of payment in the national territory,” the statement stressed, it is looking into the feasibility of a central bank digital currency (CBDC).
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Source: igaming
