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Bitcoin and other cryptocurrencies have become legal tender in a special economic zone on an island on Honduras' Caribbean coast, officials said. (Read More)
Read about the newest events happening in the crypto space.
The central bank said “for the time being” Bitcoin was not regulated in the country, but it was exploring the feasibility of introducing a CBDC.
After El Salvador, interest has grown regarding crypto, Bitcoin adoption in several other countries in the continent. Most recently Argentina President, Alberto Fernandez said his country was open to the idea of adopting crypto as their currency. However, he didn’t speak much on the topic but was optimistic about the idea. Similarly, unconfirmed report […]
Read Monday's breaking news in the daily digest!
Honduras-based TGU Consulting Group has launched the first crypto ATM in its capital. The firm has plans to launch more ATMs to enable residents to deposit and withdraw cash from the ATMs. (Read More)
The “la bitcoinera” machine allows crypto enthusiasts to purchase BTC and ETH using the local fiat currency provided they are willing to scan their IDs and disclose certain personal information.
Honduras' CNBS regulator bans cryptocurrency transactions within financial institutions due to fraud, money laundering, and regulatory inability to regulate multi-jurisdictional digital platforms amid global debate. (Read More)
A resolution prohibiting financial institutions in Honduras from dealing with cryptocurrency was issued by the National Banking and Securities Commission of Honduras (CNBS). Due to the lack of regulation, the Honduran central bank said that it is unable to guarantee cryptocurrency transactions. Users of blockchain-based financial services and cryptocurrencies may
The government of Honduras has formally applied to become part of the New Development Bank, known as the BRICS bank, in an official visit of Honduran President Xiomara Castro to Shanghai. Honduras is now another country that has requested entry into the financial organization, alongside Argentina. Honduras Requests Entry to BRICS Bank The New Development
The post Honduras Applies to Join BRICS Bank appeared first on BTC Ethereum Crypto Currency Blog.
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