Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency – Regulation Bitcoin News

The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the popularity such instruments have attained in other countries, cryptocurrencies have no backing of any sort, and are also affected by high levels of volatility. “Any transaction carried out with them will be under the responsibility and risk of the person who performs it.

The Central Bank of Honduras has recentlya statement that clarifies its position on the utilization of cryptocurrencies on Honduran soil. The organization informed that according to national laws, the only institution authorized to issue money and to guarantee the existence of an efficient payment system is the Central Bank of Honduras.Cryptocurrencies are still in a legal gray area in Honduras, as their existence is not acknowledged in any bill yet.

Nowadays it’s more dangerous not holding any crypto. That’s why I spending fiat on $USDT

The Central Bank of Honduras sounds salty! Very interesting take, considering 'your' country of Honduras recognizes Bitcoin as legal tender.🤦

😂

of course. dump it to zero

Bitcoin would definitely follow a very bullish trend,will be seeing a breakthrough to $25,000, invest with experts like Exprt_Olsen to make the best daily profits.

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Honduras hasn’t balanced its budget for decades much at the expense of its small middle class.

Nothinn can compare to thiss.

How come everyonee is silent about this?

😍📰🥰

GVR is a scam coin and I recently noticed it being unusually promoted on social media

What does Honduras know about law and order?

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