Honduras' central bank has issued a statement today clarifying that bitcoin is not regulated as a currency there, following rumors that the Central American country would imminently announce moves to make cryptocurrency legal tender.
Wednesday clarifying that bitcoin is not regulated as a currency there, following rumors that the Central American country would imminently announce moves to make cryptocurrency legal tender.
The announcement also references several previous communications from Honduras' central bank regarding cryptocurrencies. These clarified that the central bank does not supervise or guarantee any transactions using cryptocurrencies as a payment method and that anyone making these transactions would be doing so at their own risk.
Twitter has been awash in speculation that Honduras' president Xiomara Castro would make an announcement about cryptocurrency becoming legal tender this week, but The Block has been unable to find any evidence corroborating such an announcement as of press time.
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