The BCH is, however, studying the feasibility of a central bank digital currency (CBDC).Read MoreFeedzy
The Central Bank of Honduras (BCH) has shot down social media chatter about a possible imminent announcement that bitcoin (BTC) was set to become legal tender in that Latin American country.
“Bitcoin for the moment in our country is not regulated,” said the BCH on Wednesday in a Spanish-language official statement. The BCH, the bank continued, is the only issuer of legal tender in Honduras, and that remains solely the lempira.
Today’s announcement comes following rumors on Twitter and elsewhere that Honduras President Xiomara Castro was — in similar fashion to neighboring El Salvador last summer — going to announce a plan to make bitcoin legal tender in her country.
Turning back to the BCH statement, the bank recalled two communiques — published in 2020 and 2021, respectively — clarifying that the BCH “does not supervise or guarantee operations carried out with cryptocurrencies as means of payment in the national territory.”
The BCH reiterated, though, that it continues with “the study and conceptual, technical and legal analysis” to determine the feasibility of issuing its own central bank digital currency (CBDC), which would be recognized as legal tender in the country.
DISCLOSURE
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Bitcoin Magazine David Bailey Confirmed As A Bitcoin 2026 Speaker David Bailey has been officially…
Bitcoin Magazine Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction on Bitcoin Reporting Paraguay’s National…
Bitcoin Magazine Policy Group Calls for Bitcoin Inclusion in Proposed Crypto Tax Exemption The Bitcoin…
Bitcoin Magazine Corporate Bitcoin Holdings Hit Record High as Institutions Accumulate 2.8x Mining Supply: Report…
Research shows that only 8% to 10% of global Bitcoin hashrate runs in oil-sensitive power…
Today’s quantum computers are far from breaking Bitcoin’s cryptography and any real threat would likely…