Bitcoin as legal tender in Honduras? Not so fast, friends. The central bank said 'for the time being' Bitcoin will not be regulated in the country, but CBDCs remain on the table.
“BCH does not supervise or guarantee operations carried out with cryptocurrencies as means of payment,” said the central bank, according to a translated statement. “Any transaction carried out with these types of virtual assets is the responsibility and risk of those who do it.”
The central bank added it was continuing to study “with the conceptual, technical and legal analysis” the feasibility of introducing a central bank digital currency, or CBDC, in Honduras. The BCH said a CBDC would be considered legal tender in the country and regulated accordingly.
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